M&A

M&A

Agrochem co. Crystal Crop buys Bayer AG's herbicide input business

Economic Times  

Delhi-headquartered agrochemical firm Crystal Crop Protection has acquired the herbicide active ingredient Ethoxysulfuron from Germany's Bayer AG for sales in select Asian markets. The acquisition includes Bayer's 'Sunrice' trademark and mixture products containing Ethoxysulfuron, along with all related registrations. The herbicide is used to control broad-leaved weeds and sedges in rice and cereal crops.This marks Crystal's 13th strategic acquisition and its second purchase from Bayer, following its 2021 acquisition of Bayer's Indian seed portfolio for cotton, pearl millet and mustard. The deal follows Crystal's acquisition of I&B Seeds earlier in 2024, continuing its expansion in crop protection, seeds, and farm mechanization. The company has previously acquired brands from global agricultural firms including Syngenta, FMC, BASF and Dow-Corteva.