Sector

16 August 2022

Bayer ES becomes Envu following acquisition

PRESS RELEASE

Bayer’s Environmental Science arm has announced it will be called Envu going forward, following the successful close of Cinven’s acquisition of the business from the wider Bayer group.

bayeresbecomesenvu

Pronounced “ehn-VIEW”, the name is derived from “environment” and “vision” and developed with input from both employees and customers around the world.

“As a trusted industry leader, we know that ensuring continued customer success requires strong partnerships and a renewed perspective,” said Gilles Galliou, president of the Environmental Science Professional business at Bayer and future CEO of the new standalone Envu.

“That’s why Envu will be dedicated to bringing customers innovative solutions to help them push their business forward and tackle the toughest challenges our environments face today.”

Gilles continued, “The fact that our new company will be focused solely on environmental science will allow us to solve problems faster, smarter and more efficiently."

"The challenges we solve today will help ensure a healthy future for all is clearly in view.”

From now until the divestment transaction officially closes, the organisation will remain the Environmental Science Professional business of Bayer.

However, the company looks forward to fully launching its new corporate identity upon the successful close, which is on track for later this year. The business will also continue to proudly collaborate with Bayer as a standalone company.

“We have an established track record of bringing effective, safe and sustainable solutions to customers,” said Tiffany Fremder, head of global marketing for Environmental Science.

“We will continue this commitment as Envu and expand our focus on innovation to achieve long-standing environmental health and sustainability.”

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Source: Online

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