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Markets :: Fine Chemicals/Biotech :: Seeds and traits
BASF completes $1-billion acquisition of US seed-treatment firm Becker Underwood
8:19 AM MST | November 28, 2012 | Sotirios Frantzanas
BASF says it has completed the acquisition of biological seed treatment firm Becker Underwood (Ames, IA) from Norwest Equity Partners for €785 million ($1.02 billion). BASF announced plans to acquire Becker Underwood in September 2012. BASF says it becomes a leading global provider of technologies for biological seed treatment as well as seed treatment colorants and polymers, as a result of the acquisition. Its product portfolio in the areas of biological crop protection, turf and horticulture, animal nutrition, and landscape colorants and coatings has also...
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