Bayer CropScience has signed on the dotted line to acquire Prophyta GmbH, a supplier of microbial crop protection products headquartered in Mecklenburg-Vorpommern, Germany. This acquisition also gave Bayer the rights to the Prophyta´s research and development laboratories as well as production and formulation facilities in Wismar, Germany. Closing is expected within a few weeks. Financial details were not released.
Bayer CropScience´s portfolio will be bolstered by the move, which enhances its already leading offer of integrated crop solutions based on high-value seeds, innovative crop protection solutions and customized services.
Dr. Rüdiger Scheitza, Bayer CropScience board member and head of strategy and business management said, “Prophyta´s patented solid-state fermentation technology and strong expertise in the formulation of live fungal spores will help us bringing new, innovative solutions to market.” Prophyta will also allow Bayer to further leverage its technology platform acquired through Athenix Corp. and AgraQuest.
“We are proud to become part of Bayer CropScience,” added Prophyta Managing Director Dr. Peter Lüth. “Our production and formulation capacities will help Bayer CropScience to supply its worldwide customers with large quantities of biologics based on natural fungal micro-organisms.” This acquisition also opens up many opportunities for innovation in the area of research and development as well as growth within the Bayer CropScience Marketing and Sales network.
Prophyta, fundada en 1992, ofrece productos bien establecidos basados principalmente en agentes de control biológico que están registrados en más de 30 países en todo el mundo. Las marcas clave son Contans para el control de Sclerotinia y el nematicida BioAct. Además, Prophyta ha desarrollado una tecnología única de fermentación en estado sólido para la producción y el desarrollo de bioprocesos de hongos filamentosos. Con esta tecnología patentada, se pueden producir grandes cantidades de biomasa fúngica, así como esporas fúngicas, en condiciones axénicas.