M&A Deal Summary

Bayer Acquires PBI Home and Garden

On March 12, 1999, Bayer acquired agriculture company PBI Home and Garden

Acquisition Highlights
  • This is Bayer’s 1st transaction in the Agriculture sector.
  • This is Bayer’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 1999-03-12
Target PBI Home and Garden
Sector Agriculture
Buyer(s) Bayer
Deal Type Add-on Acquisition

Target

PBI Home and Garden

Waltham Cross, United Kingdom
PBI Home and Garden Ltd. markets gardenpesticides and fertilisers, including the Bio range of products.The company.

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Buyer(S) 1

Buyer

Bayer

Leverkusen, Germany

Category Company
Founded 1863
Sector Life Science
Employees89,556
Revenue 46.6B EUR (2024)
DESCRIPTION
Bayer office building in North Sydney, Australia.
Bayer office building in North Sydney, Australia.

Bayer is a global enterprise with core competencies in the fields of health care, agriculture and high-tech polymer materials. As an innovation company, it sets trends in research-intensive areas. Bayer’s products and services are designed to benefit people and improve the quality of life. At the same time, the Group aims to create value through innovation, growth and high earning power. Bayer was founded in 1863 and is based in Leverkusen, Germany.


DEAL STATS #
Overall 1 of 20
Sector: Agriculture M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 17
Country: United Kingdom M&A 1 of 3
Year: 1999 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-01 Symrise

Holzminden, Germany

Symrise is a producer of flavours, fragrances, cosmetic ingredients and aroma chemicals in the world. Symrise was founded in 1874 and is based in Holzminden, Germany.

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