CropTec Show
Farminguk
23 August 2016 | Online since 2003
Briefing Media - FG Classified


8 January 2013 14:40:06 |

Bayer CropScience aquires biocontrol company Prophyta


Bayer CropScience has signed an agreement to acquire Prophyta GmbH, a leading supplier of microbial crop protection products, along with the company's R&D laboratories and its production and formulation facilities in Wismar, Germany.
The acquisition further complements Bayer CropScience's portfolio of integrated crop solutions based on high-value seeds, innovative crop protection solutions and customized services.
Closing is expected within a few weeks. Financial details were not disclosed.
Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech materials.
Bayer CropScience, the subgroup of Bayer AG responsible for the agricultural business, has annual sales of EUR 7.255 billion (2011) and is one of the leading innovative crop science companies in the areas of seeds, crop protection and non-agricultural pest control.
"This acquisition not only further strengthens our successful fruits and vegetables business," said Dr. Rüdiger Scheitza, Member of the Board of Management of Bayer CropScience AG and Head of Strategy & Business Management.
"Prophyta's patented solid-state fermentation technology and strong expertise in the formulation of live fungal spores will also help us bringing new, innovative solutions to market."
Prophyta will expand Bayer CropScience's existing biological pest control portfolio and allow the company to further leverage its technology platform acquired through Athenix Corporation and AgraQuest.
"We are proud to become part of Bayer CropScience,” commented Prophyta Managing Director Dr. Peter Lüth.
"Our comprehensive 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 & Development as well as growth within the Bayer CropScience Marketing & Sales network.
Prophyta, founded in 1992, offers customers well-established products primarily based on biological control agents which are registered in more than 30 countries worldwide. Key brands are Contans for control of Sclerotinia and the nematicide BioAct.
Furthermore, Prophyta has developed a unique solid-state fermentation technology for production and bioprocess development of filamentous fungi. Using this patented technology, large quantities of fungal biomass as well as fungal spores can be produced under axenic conditions.
Prophyta employs a total staff of approximately 30 full-time employees.

Download

0 Comment

loginuserlogo
Name

Please enter your name


Email

Please enter your email

Please enter valid email


Comment

Please enter your comment


Post Comment

Your comment has been submitted successfully. Please wait for admin approval.


Comments

No comments posted yet. Be the first to post a comment


Canada | 23 August 2016
Drones are taking Ontario agriculture to new heights

Dr. Mary Ruth McDonald from the Ontario Agricultural College at the University of Guelph, said drones have become an important tool in a farmer’s toolbox in the last decade. "Even before that, peop...


Belgium | 23 August 2016
European study reveals dairy farm dust is stopping farm kids developing asthma

A Belgian study of European children growing up on dairy farms has revealed exposure to farm dust from an early age can prevent asthma. Researchers have tested the theory on mice, and found exposur...


Ireland | 23 August 2016
Tradition trumps technology at the marts

The traditional livestock trade continues to trump online selling. Despite the surge in digital buying across almost every industry, evidence suggests that farmers remain "on the fence" about the phen...


China | 23 August 2016
Shipping dairy cows to China is 'ecomomic treason', Winston Peters says

Dairy giant Fonterra has been accused of "economic treason" after shipping thousands of dairy cows from Timaru to China. However, the company says it is important to be realistic about the scale of...


USA | 23 August 2016
Flooding will cost state agriculture $110 million

Heavy rains that recently caused historic flooding in south Louisiana will cost the state’s agriculture industry at least $110 million, according to preliminary estimates from the LSU AgCenter. Tha...



Trending Now

Viewed
Discussed


Top stories you may have missed
FarmingUK
FarmingUK Logo

FarmingUK

The sustained recovery of pig prices since the spring has come at a time wh...


FarmingUK
FarmingUK Logo

FarmingUK

A World Trade Organisation (WTO) panel has declared the Russian import ban ...


FarmingUK
FarmingUK Logo

FarmingUK

A new study has linked oilseed rape crops grown from neonicotinoid-treated ...


FarmingUK
FarmingUK Logo

FarmingUK

Philip Hammond is to guarantee billions of pounds of UK government investme...


FarmingUK
FarmingUK Logo

FarmingUK

Access to the foreign labour market is 'critical', according the chief exec...


FarmingUK
FarmingUK Logo

FarmingUK

The Tenant Farmers Association has said the National Trust's vision for a p...


FarmingUK
FarmingUK Logo

FarmingUK

Ulster farmers will 'not lie down and wave the white flag' when Brexit nego...


FarmingUK
FarmingUK Logo

FarmingUK

The cost of rural crime to the UK economy costs £42.5 million a year, accor...


FarmingUK
FarmingUK Logo

FarmingUK

A young farmers club member from Oxfordshire has created a petition on the ...


FarmingUK
FarmingUK Logo

FarmingUK

The farming sector has reacted negatively to a proposal to reintroduce the ...


closeicon
Username
Password