Bayer and BASF announced today that BASF’s acquisition of Bayer’s vegetable seeds and certain crop protection operations has been completed.
Following completion of the deal, the integration of Monsanto into the Bayer group can begin. One of the requirements of the U.S. Department of Justice was that Bayer and Monsanto remain separate companies and continue to operate separately until completion of these divestments to BASF. The businesses acquired by BASF had total sales of around €2.2 billion ($2.5 billion) in 2017.
BASF has acquired Bayer’s entire vegetable seeds business, operating under the Poncho, VOTiVO, COPeO, and ILeVO brands; the R&D platform for hybrid wheat; and a digital farming platform. The transaction also includes Bayer’s oilseed rape business in Australia; certain glyphosate-based herbicides in Europe, used mainly for industrial applications; canola-quality juncea research initiatives; and certain nonselective herbicide and nematicide research projects. Following the acquisition, BASF’s ag portfolio includes seeds and traits, chemical and biological crop protection, soil management, plant health, pest control, and digital farming.
By Natasha Alperowicz
Source: Chemical Week
Dulux paint maker Akzo Nobel said on Thursday it had appointed Fredrik Westin as its chief financial officer from January 1, 2026. Westin will succeed Maarten de Vries, who is completing his second four-year term as finance chief and will retire from Akzo Nobel in April next year.
The acquisition aligns with Henkel’s global growth strategy in the Adhesive Technologies business unit and reflects a key milestone in expanding its footprint in emerging markets. It enables the company to accelerate its presence in South Africa – a region with strong demand for high-performance repair and protection technologies in critical industries.
BASF announces the appointment of Michael Roy as Managing Director of BASF (Malaysia) Sdn Bhd, effective July 1, 2025. He succeeds Vimala Arumugam, who will retire after a distinguished career with the company. Currently serving as Director of Human Resources for Performance Materials Asia Pacific, Michael Roy brings over a decade of experience with BASF.