Bayer acquires Raps oilseed rape business
Bayer CropScience has acquired the oilseed rape business of German seed company Raps (Grundhof). The purchase mainly includes varieties that are already on the market and the company’s breeding material. Bayer is already a market leader in the crop in North America, covering traits and plant protection products, and is expanding the business to other oilseed rape growing areas such as South-East Asia and Europe, where it will launch products next year, it says. No financial details have been disclosed.