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Allen & Overy advises Bayer on sale of its Bayer Garden and Bayer Advanced businesses

23 May 2016

Allen & Overy LLP advises Bayer on the sale of the consumer business of Bayer's Environmental Science unit to French SBM Développement SAS with registered office in Lyon.
The consumer business encompasses the Bayer Garden and Bayer Advanced businesses in Europe and North America.  Both businesses provide innovative home and garden solutions for end consumers. The parties agreed not to disclose the financial terms of the transaction. It is expected to close in October 2016.
 
The Allen & Overy team is led by partner Dr. Michael J. Ulmer (corporate/M&A, Frankfurt) and comprises partners Dr. Nicolaus Ascherfeld (corporate/M&A, Hamburg) and Tobias Neufeld, senior associate Yukiko Hitzelberger-Kijima, associates Dr. Patrick Flockenhaus (all employment & benefits, Düsseldorf), Dr. Sebastian Remberg (corporate/M&A, Hamburg) as well as senior associate Mirko von Bieberstein (corporate/M&A, Frankfurt).  This core team is supported by an international team of Allen & Overy lawyers.
 
Bayer (Leverkusen): Dr. Thomas Reuter (Legal M&A)

Matter Type
Asset Sale: Seller's Counsel
Industry
Healthcare, Life Sciences & Chemicals
News Category
Real Estate & Construction
M&A