M&A Deal Summary

Bayer CropScience AG Acquires Hornbeck Seed

On April 1, 2011, Bayer CropScience AG acquired agriculture company Hornbeck Seed for 30M EUR

Acquisition Highlights
  • This is Bayer CropScience AG’s 2nd transaction in the Agriculture sector.
  • This is Bayer CropScience AG’s 5th largest (disclosed) transaction.
  • This is Bayer CropScience AG’s 3rd transaction in the United States.
  • This is Bayer CropScience AG’s 1st transaction in Arizona.

M&A Deal Summary

Date 2011-04-01
Target Hornbeck Seed
Sector Agriculture
Buyer(s) Bayer CropScience AG
Deal Type Add-on Acquisition
Deal Value 30M EUR

Target

Hornbeck Seed

DeWitt, Arizona, United States
Hornbeck Seed Co., Inc. is a provider of soybean, rice, and wheat varieties in the southern United States and has an in-house soybean breeding program and a proprietary soybean germplasm.

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Buyer(S) 1

Buyer

Bayer CropScience AG

Monheim am Rhein, Germany

website


Category Company
Sector Agriculture
DESCRIPTION

Bayer CropScience AG is a crop science company in the areas of seeds, crop protection, and non-agricultural pest control.


DEAL STATS #
Overall 4 of 9
Sector (Agriculture) 2 of 5
Type (Add-on Acquisition) 3 of 7
State (Arizona) 1 of 1
Country (United States) 3 of 5
Year (2011) 1 of 2
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-07-21 Bayer - Cotton Defoliant

Germany

cotton defoliant product Tribufos (sold under the trade name Def®) Def and Folex are fast and effective cotton defoliants that facilitate the removal of leaves surrounding the cotton boll and in combination with other products function as a harvest aid.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-11 Raps GbR

Grundhof, Germany

Raps GbR is an operator of oilseed rape breeding,

Buy €26M