Mergers an acquisitions are booming in the industry. Last month Sygenta struck a deal to be acquired by Chem China, a state-owned enterprise. DuPont and Dow have announced they are merging. If all the deals go through, it's estimated that three of these companies will control more than half of global seed sales, Dan Charles reports for NPR.
If Bayer absorbed St. Louis-based Monsanto, the world’s top seed company in terms of sales, it "would push Bayer far more deeply into agriculture, which currently accounts for about 22 percent of the German company’s business," Bunge and Mattioli write. "Monsanto’s $15 billion in seed and herbicide sales could make agriculture about 40 percent of the combined entity’s business, with the rest coming from pharmaceuticals and consumer health products."
"Folding Monsanto’s world-leading seed franchise and its trademark Roundup herbicide business into Bayer would create a company that could market products ranging from Aspirin pain-relief pills to crop genetics that enable plants to withstand bugs and weedkillers," Bunge and Mattioli write. "The combination would sell about 28 percent of the world’s pesticides and about 36 percent of U.S. corn seeds and 28 percent of soybean seeds, according to Morgan Stanley estimates." (Read more)