NEWS
Combining strengths
Bayer and Monsanto to create a global leader in agriculture
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ayer and Monsanto have signed a definitive merger agreement under which Bayer will acquire Monsanto for USD 128 per share in an all-cash transaction. “We are pleased to announce the combination of our two great organisations. This represents a major step forward for our Crop Science business and reinforces Bayer’s leadership position as a global innovation driven Life Science company with leadership positions in its core segments, delivering substantial value to shareholders, our customers, employees and society at large,” said Werner Baumann, CEO of Bayer AG. This transaction brings together two different, but highly complementary businesses. The combined business will benefit from Monsanto’s leadership in Seeds & Traits and Climate Corporation platform along with Bayer’s broad Crop Protection
product line across a comprehensive range of indications and crops in all key geographies. As a result, growers will benefit from a broad set of solutions to meet their current and future needs, including enhanced solutions in seeds and traits, digital agriculture, and crop protection. Visit: www.bayer.com
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NOXERIOR looking forward to new chapter
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OXERIOR has announced that the French company NOVAIR recently became its new 100% owner, which has united two well-known manufacturers in the international industrial gas market with different, but very complementary, activities. For nearly 40 years, NOVAIR has been active in the field of designing and manufacturing non-cryogenic on-site gas systems, including medical and industrial PSA oxygen & nitrogen generators, air and vacuum units, cylinder filling
Samskip completes Silver Green acquisition
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ilver Green AS, owned 50% by Samskip, is changing its name to Silver Sea AS to mark the finalisation of a series of ownership changes. The new name reflects a consolidation by Samskip of its position in the reefer vessel segment, including the strengthening of its ownership in the company and direct
14 Industry Europe
Saab acquires Nordic Defence Industries
systems, air & gas boosters and compressors, as well as the design and installation of distribution pipeline systems for compressed gases. Over the same period, NOXERIOR has specialised in on-site oxygen and nitrogen generators, with focus on the hollow-fibre membrane and the modular PSA technologies, as well as a strong competency in complex engineering projects for EPC customers. “With the acquisition of NOXERIOR and its 14 international patents and patent applications regarding modular PSA gas separation plants, NOVAIR not only has realised an important technology injection, but has also acquired knowledge and experience with many industrial applications for the on-site generation of nitrogen and oxygen,” comments Oscar de Groen, former owner of NOXERIOR. Visit: www.noxerior.com investment in reefer vessels. Silver Green AS, based in Bergen, Norway, operates a fleet of 14 reefer vessels. The company is a market leader within its segment, with its primary trading being in the North Atlantic, Baltic, North Sea and Black Sea. Samskip Logistics now owns five reefer vessels. Silver Green AS was established in 2010 as a joint venture between Silver Sea AS
efence and security company Saab has acquired the Danish naval company Nordic Defence Industries (NDI). NDI designs and manufactures mine disposal charge systems for the naval defence industry. The acquisition of NDI develops Saab’s market leadership in the unmanned underwater domain when it comes to regional reach, technology and innovative solutions. This means customers can come to Saab for an end-to-end solution to meet their Mine Counter Measures (MCM) needs to detect, classify, identify and dispose maritime mines. “With the acquisition we are strengthening our position in the Mine Counter Measures market, building a foundation for continued profitable growth. Our regional footprint will be strengthened as well as our role as a global supplier of Mine Counter Measure solutions,” says Görgen Johansson, head of business area Dynamics. “With the high tech solutions for mine disposal provided by NDI we will have a product portfolio that covers the total need among our Mine Counter Measure customers.” Visit: www.saabgroup.com and Green Shipping II AS. Samskip has held a 50% stake in Silver Sea AS since 2002, which it recently sold. Samskip Logistics subsequently finalised acquisition of 50% of shares in Silver Green AS, thereby becoming a 50% shareholder in Silver Green together with Silver Invest (owned by Mr Tormod Fossmark). Visit: www.samskip.com
