Bayer purchases AgraQuest Bayer Crop Science, headquartered in Germany, has purchased the U.S. biological crop-protection company AgraQuest, Inc., for $425 million plus milestone payments, according to a Bayer news release. AgraQuest, headquartered in Davis, California, is a global supplier of biological pest management products derived from natural organisms. Its production facility is located in Tlaxcala, Mexico. The acquisition expands Bayer’s existing biological pest control portfolio, and the promising research and development pipeline of AgraQuest will help Bayer CropScience to bring a new generation of products to the market, the release stated. AgraQuest’s chief executive officer Marcus Meadows-Smith said that by […]
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