Bayer CropScience Closes Acquisition of DuPont Crop Protection Land Management Assets

BCS_VerticalLogoBayer CropScience completed the acquisition of certain DuPont Crop Protection Land Management assets in the United States, Canada, Mexico, Australia and New Zealand, according to a release from the company.

The transaction. which closed on December 1, 2014, following receipt of required antitrust approvals, boosts Bayer CropScience’s non-agricultural pest and weed control business. The acquisition strategically complements Bayer CropScience’s current product portfolio and allows the company to gain access to the growing Forestry and Range & Pasture business segments in North America. Land managers and utility foresters will now profit from a comprehensive weed control portfolio, comprising established herbicides marketed under brand names such as Esplanade, Perspective, Streamline, Escort and Cimarron.

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“We are striving to further expand the leadership position of Environmental Science, and this acquisition is a milestone which underlines our growth ambitions,” said Bayer CropScience CEO Liam Condon. “Through this acquisition we become a leader in Industrial Vegetation Management in North America and globally and will continue to build a best-in-class, innovative platform for future product launches and risk management solutions.”

Read more about the acquisition here.