Bayer enters the strawberry market with UK acquisition
NIAB’s strawberry breeding program allows the biotech giant to develop a wide range of genetics and crop protection products.
Bayer AG is purchasing strawberry assets from a plant science research company based in the U.K., expanding its fruits and vegetables business.
The National Institute of Agricultural Botany’s Strawberry Breeding Programme in Kent allows Bayer’s crop science division to develop a broader range of genetics and crop protection solutions for specialty growers, the biotech giant said last week.
Bayer has plans to make its strawberry innovations available beyond the U.K. to meet soaring global demand for the fruit.
The acquisition is expected to close by the start of 2024. Financial details were not disclosed.
Related news
Thousands protest in London against inheritance tax on farms
Thousands of people demonstrated in London on Tuesday against inheritance…
Read more >
Hungary’s agricultural relations with the United Kingdom are further strengthened
Cooperation in the fields of agriculture and trade between Hungary…
Read more >
Increased demand for vegan food at UK airports
Holidaymakers with a traditional preference for a meat-heavy breakfast and…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >
Using 30% less materials would be a solution to the climate crisis
The circular economy is a global imperative: it transcends geographical…
Read more >
Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >
