IHS Chemical Week

Bayer CropScience acquires businesses in Brazil

11:08 AM MST | March 7, 2013

Bayer CropScience, a subgroup of Bayer, 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 steps will enable Bayer CropScience to enhance its research and breeding of soybean varieties tailored to meet the demands and needs of soybean farmers in the...

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