Bayer CropScience acquires biological pest management company AgraQuest for $425 million (€340 million)
Clients Bayer AG
Jones Day advised Bayer CropScience in its acquisition of AgraQuest, Inc. and its Mexican subsidiary, AgraQuest de Mexico S.A. de C.V. for $425 million (€340 million) plus milestone payments. This acquisition enabled Bayer CropScience to build a leading technology platform for green products and to strengthen its strategically important fruits and vegetables business, while also opening new opportunities in other crops and markets. Green products control a broad spectrum of pests and diseases and offer farms integrated pest management programs to minimize development of resistance and maximize crop yields.
In addition to M&A representation, Jones Day provided antitrust, employee benefits, intellectual property, environmental, labor and employment, and real estate advice regarding this transaction.