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Markets :: Fine Chemicals/Biotech :: Seeds and traits
Bayer CropScience to Acquire Watermelon and Melon Seed Business of U.S. Firm
June 12, 2012 | Sotirios Frantzanas
Bayer CropScience, a subgroup of Bayer, says it has agreed to acquire the watermelon and melon seeds business of privately owned seed company Abbott & Cobb (Feasterville, PA). The deal is expected to strengthen the vegetable seeds business of Bayer CropScience through Abbott & Cobb's "robust" watermelon market position in the U.S. and its growing business in Mexico, Australia, and Asia, Bayer says. About 30 employees of Abbott & Cobb will join the vegetable seed business of Bayer CropScience. The acquisition is expected to be completed...
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