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Bayer CropScience acquires biological products from AgroGreen for the crop protection business 
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Bayer CropScience acquires biological products from AgroGreen for the crop protection business
Company strengthens its crop protection portfolio
Bayer CropScience has signed an agreement with AgroGreen, Ashdod, Israel, to acquire certain assets and technology related to that company’s biological development products. The acquisition expands Bayer CropScience’s broad range of crop protection solutions to include biocontrol agents that offer further value added for its customers and provide the company with good growth opportunities in the seed treatment market.
The company also sees good prospects for use of these biocontrol agents by turfgrass professionals. AgroGreen, a business unit of the Minrav Group, is among the leading suppliers of bionematicides and biofungicides.
“Bayer CropScience is very well positioned in its core crop protection business. With this acquisition, we are further strengthening our portfolio with innovative and unique crop protection solutions to help safeguard harvests and increase yields,” commented Dr. Rüdiger Scheitza, Member of the Board of Management of Bayer CropScience AG and responsible for portfolio management. Avraham Kuznitski, Chairman of the Minrav Group, said he is excited at the acquisition by Bayer CropScience of biological technology and products developed by Minrav. “We are convinced that our technology will be an excellent fit with the Bayer CropScience portfolio.”
The acquired assets include products marketed under the brand name BioNem (active ingredient Bacillus firmus) that reduce nematode populations and root infestations in the soil while stimulating increased yields.
BioNem is currently registered in Israel for use in cucumbers, eggplant, peppers, tomatoes, almonds, apricots, olives, peaches, plums, pomegranates, major herbs and garlic. Based on this Bacillus Firmus as a mixing partner, Bayer CropScience plans to develop new seed treatment solutions for important agricultural crops such as corn, soybeans and cotton as well as soil-applied applications for use on fruits and vegetables.
The company also sees good prospects for use of these biocontrol agents by turfgrass professionals. AgroGreen, a business unit of the Minrav Group, is among the leading suppliers of bionematicides and biofungicides.
“Bayer CropScience is very well positioned in its core crop protection business. With this acquisition, we are further strengthening our portfolio with innovative and unique crop protection solutions to help safeguard harvests and increase yields,” commented Dr. Rüdiger Scheitza, Member of the Board of Management of Bayer CropScience AG and responsible for portfolio management. Avraham Kuznitski, Chairman of the Minrav Group, said he is excited at the acquisition by Bayer CropScience of biological technology and products developed by Minrav. “We are convinced that our technology will be an excellent fit with the Bayer CropScience portfolio.”
The acquired assets include products marketed under the brand name BioNem (active ingredient Bacillus firmus) that reduce nematode populations and root infestations in the soil while stimulating increased yields.
BioNem is currently registered in Israel for use in cucumbers, eggplant, peppers, tomatoes, almonds, apricots, olives, peaches, plums, pomegranates, major herbs and garlic. Based on this Bacillus Firmus as a mixing partner, Bayer CropScience plans to develop new seed treatment solutions for important agricultural crops such as corn, soybeans and cotton as well as soil-applied applications for use on fruits and vegetables.
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