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BASF completes Becker Underwood purchase

4:26 PM MST | December 3, 2012 | —Sotirios Frantzanas

BASF 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 the deal makes it a leading global provider of technologies for biological seed treatment as well as for seed treatment colorants and polymers. Its product portfolio in the areas of biological crop protection, turf and horticulture, animal nutrition, and landscape colorants and coatings has also been expanded through...

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