Latest News from BPCA

21 October 2022

Cinven acquires Bayer Environmental Science

PRESS RELEASE

Bayer has completed the sale of its Environmental Science Professional business to the international private equity firm Cinven, after the two companies had entered into a corresponding agreement in March.

bayer hero2

The conditions for closing the transaction – including the receipt of regulatory approval – have now been met. The purchase price for the business, which generated sales of approximately 600 million euros in 2021, amounts to 2.6 billion U.S. dollars (2.6 billion euros).

“We thank the employees of Environmental Science Professional for their many years of commitment and the associated success of Bayer."

In Cinven, we have found a strong new owner with a firm commitment to the long-term growth potential of the business and to its people,” said Rodrigo Santos, member of the Board of Management of Bayer AG and head of the Crop Science Division.

“At the same time, we can concentrate on our core agricultural business and the successful implementation of our growth strategy in the Crop Science Division.” Bayer will use the net proceeds from the transaction to reduce its net financial debt.

The divested business is set to operate as an independent company called Envu. The business offers solutions to control pests, disease and weeds in non-agricultural areas such as vector control, professional pest management, vegetation management, forestry, and turf and ornamentals.

It is headquartered in Cary, North Carolina, United States, and is active in over 100 countries. Nearly 900 employees in total will transfer from Bayer to Envu.

“Envu is a global leader in a highly attractive and critical industry. We thank Bayer for the trust they have placed in Cinven and plan to build on the strong foundations established by Bayer by significantly investing in it,” said Pontus Pettersson, Partner at Cinven.

“Cinven is excited to build an independent, focused company and is well positioned to continue to drive innovation and accelerate growth, including the delivery of digital and data-enabled solutions, and to extend the product portfolio further by creating innovative and sustainable solutions for its customers.”

About Envu

Envu was founded in 2022, a new company built on years of Bayer experience, for the sole purpose of advancing healthy environments for everyone, everywhere.

Envu’s portfolio consists of over 180 trusted and well-known brands. The company employs nearly 900 people and operates in more than 100 countries with four global innovation hubs. For additional information, visit the Envu website.

About Bayer

Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population.

In fiscal 2021, the Group employed around 100,000 people and had sales of 44.1 billion euros. R&D expenses before special items amounted to 5.3 billion euros. For more information, go to bayer.com.

About Cinven

Cinven is a leading international private equity firm focused on building world-class global companies. Its funds invest in six key sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials and TMT (Technology, Media and Telecommunications).

cinven.com

Source: Bayer Press Release

Highlights View all news

27 March 2025

Latest news

PPC Live 2025 review: a showcase of pest control expertise

PPC Live returned to Harrogate on 19 March 2025, once again bringing together the UK pest industry for a day of networking, learning and expert insights. 

Read more

13 March 2025

Latest news

Hantavirus and the role of pest control in preventing its spread

Following news of a high profile Hantavirus death recently, we've put together some information on the virus and how good pest management can help stop it spreading.

Read more

29 January 2025

Latest news

Sticky situation: Met Police caught unprepared on Glue Trap law

In December, BPCA received a Freedom of Information (FOI) response from the Metropolitan Police, which revealed that no training had been provided to officers on glue trap protocols. 

Read more
Latest View all news

02 April 2025

Latest news

VIDEO: BPCA Annual Report 2024

Watch our video round-up of the BPCA Annual Report, feat. the President's Report, Treasurer's Report and Committee updates.

Read more

01 April 2025

Latest news

HSE: Stress Awareness Month

April is Stress Awareness Month and HSE has put together some tips and webinars on managing stress in the workplace.

Read more

27 March 2025

Latest news

PPC Live 2025 review: a showcase of pest control expertise

PPC Live returned to Harrogate on 19 March 2025, once again bringing together the UK pest industry for a day of networking, learning and expert insights. 

Read more