BASF has closed the acquisition of a range of businesses and assets from Bayer. The transaction is a strategic complement to BASF's crop protection, biotech and digital farming activities and marks its entry into seeds, non-selective herbicides and nematicide seed treatments.

"This strategic move adds excellent assets to our strong agricultural solutions portfolio and enhances our innovation potential. Overall, it ensures an even more comprehensive and attractive offering to our customers," said Dr. Martin Brudermüller, Chairman of the Board of Executive Directors and Chief Technology Officer of BASF SE.

"This acquisition transforms BASF in agriculture. It strengthens our market position in agricultural solutions and creates new opportunities for growth," added Saori Dubourg, member of the Board of Executive Directors of BASF SE and responsible for the Agricultural Solutions segment. "We are looking forward to our joint journey and warmly welcome the new colleagues to BASF."

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