Bayer buys DuPont's Protection Land Management assets

   
 

Bayer CropScience has sealed an agreement to acquire some of DuPont's Protection Land Management assets in the US, Canada, Mexico, Australia and New Zealand.

With the agreement, DuPont's Land Management portfolio, which includes about 30 brands of herbicides, will complement Bayer's product range of effective weed control for Industrial Vegetation Management (IVM).

In addition, Bayer will be able to access the growing forestry and pasture business segments in North America.

Meanwhile, DuPont will continue to sell its Land Management products outside the US, Canada, Mexico, Australia and New Zealand, and its range and pasture products in Mexico and South America.

The deal is expected to conclude in the fourth quarter of 2014.