Solvay completed the acquisition of the seed coating business of Bayer for €25m.

Solvay, a Belgium-based producer of chemicals, plastics, and composites, completed the acquisition of the seed coating business of Bayer, a German multinational pharmaceutical and life sciences company, for €25m. “This acquisition continues Solvay's strategy to strengthen our range of sustainable, bio-based solutions for agricultural customers, fully aligned to our G.R.O.W. strategy. We are proud to welcome the legacy Bayer SeedGrowth coatings team to our Solvay agricultural specialties family,” Michael Radossich, Solvay's President of Novecare business unit.