BASF India’s parent company -- BASF SE Germany is in talks to acquire Bayer's entire vegetable seeds business, operating under the global trademark Nunhems. With this acquisition, BASF targets to enhance its future seed platform and the market position of its Agricultural Solutions business.
Earlier in October 2017, BASF SE had signed an agreement to acquire significant parts of Bayer's seed and non-selective herbicide businesses for all cash purchase price of EUR 5.9 billion.
BASF India is a chemical manufacturing company. It operates in the business segments of agricultural solutions, performance products, plastics businesses and chemicals. The agricultural solutions include insecticides, herbicides, fungicides and specialties.