BASF Mergers Pt 1

BASF Mergers Pt 1

Bob Larson
Bob Larson
I'm Bob Larson. As a result of the mega-merger between Bayer and Monsanto, BASF was a big winner by acquiring more than $9 billion in assets Bayer was required to divest.

BASF vice president of ag solutions, Scott Kay, says there will be a few noticeable differences ...

KAY ... "The biggest difference for BASF, and for me is, one, we've acquired both chemistry and seed that are very complimentary to our overall portfolio. But, I believe they are also complimentary to innovation that we will continue to bring into the market."

Kay says the acquisitions also brings the brain power behind the innovation ...

KAY ... "I think we also believe that those new innovations and new technologies will also help us offer new solutions and knowhow because we didn't just get products, we also got people and they are a big factor, as you know, in how things work and, particularly in the Ag business, you know they don't just want to see the product, they want to see a face too. And so, I think, for us has been a big part of the acquisition as well."

But, what changes will the customers be able to see ...

KAY ... "You know, I think the biggest thing they're going to see is that we'll take those products, and the portfolio, and the people, and we intend to integrate them rather quickly into our BASF portfolio."

Tune in tomorrow for more on what the BASF acquisitions mean for farmers and the expanded portfolio to help farmers be more successful today and in the future.

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