Newsroom

AUG 16, 2018

BASF closes acquisition of vegetable seeds business from Bayer

Today, BASF closed the acquisition of Bayer’s global vegetable seeds business, mainly operating under the brand Nunhems^®. The transaction adds a well-recognized brand with a very successful business track record to BASF’s portfolio. The acquired vegetable seeds business comprises 24 crops and about 2,600 varieties. It also includes well-established, strong R&D and breeding systems with over 100 unique breeding programs in more than 15 crops.

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What others are saying

"BASF unveils biggest acquisition in its history"

Financial Times

"It’s the perfect combination of luck and strategy. And in the new agribusiness order, BASF made out like a bandit" 

Handelsblatt

"BASF is now furnished with attractive businesses that we worked hard over decades to develop. We really would have loved to keep them."  

Werner Baumann, CEO Bayer AG

Cautionary note regarding forward-looking statements

This presentation contains forward-looking statements. These statements are based on current estimates and projections of the Board of Executive Directors and currently available information. Forward-looking statements are not guarantees of the future developments and results outlined therein. These are dependent on a number of factors; they involve various risks and uncertainties; and they are based on assumptions that may not prove to be accurate. Such risk factors include those discussed in the Opportunities and Risks Report from page 111 to 118 of the BASF Report 2017. BASF does not assume any obligation to update the forward-looking statements contained in this presentation above and beyond the legal requirements.