BAYER TO DIVEST ENVIRONMENTAL SCIENCE BUSINESS

Senior figures at Bayer confirm that the divestiture planned for 2021 will have minimal impact on end users.

Back in February 2021 Bayer announced its intent to divest its Environmental Science business in a move “designed to focus on the core agricultural business in its Crop Science division”.

As of March 1, the divestment team, led by global head of Environmental Science Gilles Galliou (pictured above), began the process of separating the Environmental Science business from Bayer and structuring the business independently. The divestment of the business – which includes vector control, professional pest management, industrial vegetation management, forestry, and turf and ornamentals solutions – is expected to be completed by mid 2022.

In an interview with PCT, Mr Galliou explained what this means in terms of Bayer’s portfolio of pest control products and solutions. “This is not going to affect our employees and it’s not going to affect our relationship with our customers,” he said.

“This case is based on growth and it’s not based on cost management and, therefore, we will continue to fully engage our customers with the team that we have today.”

Professional pest managers can be reassured that “there will be no disruption in terms of services, products, solutions, or access to markets”.

ANZ head of the Environmental Science business, Martin Ball, offered assurances that the business would continue to be a strong supporter and association partner once the Environmental Science business becomes fully independent.

“I can guarantee that our engagement toward the industry and industry associations, in general, will continue to be very, very strong,” he said.