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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals
Bayer CropScience to acquire German microbial crop protection supplier Prophyta
10:30 AM MST | January 8, 2013 | Francinia Protti-Alvarez
Bayer CropScience has signed an agreement to acquire microbial crop protection supplier Prophyta (Malchow, Germany), including the target’s R&D laboratories and its production and formulation facilities in Wismar, in northern Germany, Bayer announced today. Financial details of the deal were not disclosed; the closing is expected within a few weeks, the company said. Prophyta, founded in 1992, specializes in the development, production, and marketing of biological plant protection products, primarily based on living microorganisms. The company...
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