January 9, 2013
 
Bayer CropScience acquires Prophyta GmbH, strengthens biological pest control
 

Press release

 

 


Bayer CropScience has signed an agreement to acquire Prophyta GmbH, along with the company's R&D laboratories and its state-of-the-art production and formulation facilities in Wismar, Germany.

 

The acquisition further complements Bayer CropScience's portfolio and will help the company build a leading offer of integrated crop solutions based on high-value seeds, innovative crop protection solutions and customised services. Closing is expected within a few weeks. Financial details were not disclosed.

 

Prophyta will expand Bayer CropScience's existing biological pest control portfolio and allow the company to further leverage its technology platform acquired through Athenix Corporation and AgraQuest.

 

This acquisition also opens up many opportunities for innovation in the area of Research & Development as well as growth within the Bayer CropScience Marketing & Sales network.

 

Prophyta, founded in 1992, is a leading supplier of microbial crop protection products headquartered in Malchow on the island of Poel in Mecklenburg-Vorpommern, Germany, that offers customers well-established products primarily based on biological control agents which are registered in more than 30 countries worldwide.

 

Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech materials. Bayer CropScience, the subgroup of Bayer AG responsible for the agricultural business, and is one of the world's leading innovative crop science companies in the areas of seeds, crop protection and non-agricultural pest control.

Video >

Follow Us

FacebookTwitterLinkedIn