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France-based group SBM Développement is going to buy Bayer Garden

Bayer and SBM Développement (SBM) announced the signing of an agreement for the sale of the Consumer business of Bayer’s Environmental Science unit to SBM. The Consumer business encompasses the Bayer Garden and Bayer Advanced businesses in Europe and North America. The financial terms of the transaction were not disclosed.



Bayer Garden and Bayer Advanced provide innovative home and garden solutions for hobby gardeners and homeowners. SBM is a leader in the home and garden market in France and develops, formulates and produces crop and non-crop solutions for professionals and consumers.

“For SBM, the acquisition of the Bayer Garden and Bayer Advanced businesses represents a major milestone in our journey toward global leadership in the consumer home and garden industry,” said Jean-Paul Simmler, chairman of SBM. “We are committed to growing these businesses over the long-term by providing customers in Europe and the U.S. with an innovative range of solutions that leverages the strengths of both SBM and Bayer.”

With strong experience in developing biological plant protection solutions, soils and fertilizers, SBM has a product portfolio to Bayer’s businesses. Through the acquisition of the Bayer Garden and Bayer Advanced businesses, SBM will significantly expand its footprint in Europe and enter the strategic North American market.

The transaction is expected to close in October 2016, at which time all employees holding one of the almost 250 positions dedicated to the Bayer Garden and Bayer Advanced businesses in Europe and North America will transfer to SBM, provided all necessary regulatory approvals and customary closing conditions are fulfilled. Until the closing, Bayer Garden and Bayer Advanced will continue to operate as part of Bayer, with no impact on their ongoing business operations or product portfolios as a result of the pending sale.

Further information: bayer.com and sbmdeveloppement.com

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