IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Bayer CropScience Buys Assets and Technology from Israeli Firm

8:54 AM MDT | March 31, 2009 | Natasha Alperowicz

Bayer CropScience says it has acquired certain assets and technology related to biological development products of AgroGreen (Ashdod, Israel), a business unit of the Minrav Group. The deal will expand Bayer's range of crop protection solutions with biocontrol agents, which offer growth opportunities in the seed treatment market. The company also sees good prospects for use of these biocontrol agents by turfgrass professionals. Financial terms were not disclosed. The acquisition further strengthens Bayer CropScience's portfolio with innovative crop...

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