IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Seeds and traits

Bayer CropScience acquires businesses in Brazil

10:52 AM MDT | March 19, 2013

Bayer CropScience says that it has signed an agreement to acquire the soybean seed company Wehrtec and the soy business of Agricola Wehrmann, which are both headquartered at Cristalina, Brazil. Bayer CropScience says it has also acquired the soy germplasm bank from Melhoramento Agropastoril (Cascavel, Brazil). Financial details of the transactions were not disclosed. These acquisitions complement the 2011 acquisition of the company SoyTech (Goiânia, Brazil), Bayer CropScience...

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