Bayer agrees seed firm takeover in Argentina


Agrochemicals giant Bayer CropScience has signed an agreement to acquire Biagro Group, a biological seed treatment producer with headquarters in Argentina.

The deal will allow Bayer to expand its soybean seed business in South America. Argentina and Brazil currently account for nearly 50% of global soybean production, and demand for soybean meal – which is used as a source of protein in animal feed – is on the rise.

Biagro produces seed inoculants, plant growth-promoting microorganisms and pest management products based on fungal and bacterial strains such as nitrogen-fixing Rhizobium. The firm employs around 140 staff and has production facilities in both Argentina and Brazil, where it is an established supplier to farmers.

Financial details of the takeover have not yet been disclosed.


Related Content

US supreme court rules in favour of Monsanto

22 May 2013 News and Analysis

news image

An Indiana farmer who was trying to replicate Monsanto-patented seeds infringed on the company’s intellectual property righ...

Business roundup

27 April 2011 Business

news image

Industry news, May 2011

Most Read

No-frills coats set a trend for designer viruses

26 August 2014 Research

news image

An artificial protein that self-assembles around and protects DNA could be ideal for gene therapy, nanomachines and synthetic...

First ionic liquid made from plant waste

27 August 2014 Research

news image

Closed loop recycling could see ionic liquids made from biofuel by-products used to make more biofuel

Most Commented

3D printing cuts fuel cell component costs

4 July 2014 Research

news image

Hardware hackers encouraged to exploit new manufacturing approach in open source schemes

Next Mars rover will make oxygen from CO2

4 August 2014 News and Analysis

news image

Mars 2020 will set Nasa’s space exploration on a self-sufficiency course