Agrevo
AgrEvo GmbH
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legal form | GmbH |
founding | 1994 |
resolution | 1999 |
Seat | Berlin Germany |
Number of employees | 9000 (1998) |
sales | EUR 2.121 billion (1998) |
The AgrEvo GmbH was a joint venture between Hoechst and Schering who had contributed their respective agrochemical / crop protection divisions in early 1994 in this company. At the time, it was the fourth largest manufacturer of crop protection products with a market share of around nine percent , behind Novartis , Monsanto and Zeneca . Hoechst initially held 60 percent of Agrevo, Schering 40 percent. The company headquarters was located in Berlin , the location of Schering, while the research department was relocated to the Höchst industrial park in Frankfurt am Main .
Further development
In 1999, Hoechst merged with Rhône-Poulenc to form Aventis . The new company merged Agrevo with the Agro division of Rhône-Poulenc to form the new company Aventis CropScience and relocated the company's headquarters in Lyon . The Berlin location was closed.
In 2002 Aventis and Schering, which still held a 24 percent stake in Aventis CropScience, sold their joint company to Bayer . Aventis turned away from the life science concept and concentrated on pharmaceutical activities.
Aventis CropScience was incorporated into the Bayer Group as Bayer CropScience . The production facilities of the former Agrevo in the Höchst industrial park and in the Knapsack chemical park continue to exist.
Products
Aventis was a manufacturer of herbicides , insecticides and fungicides , among other things . The company later entered biotechnology. The StarLink transgenic maize was from Aventis.