Chemtura Buys Seed Business

The seller is Bayer CropScience.
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, the Middlebury, Conn.-based specialty chemicals manufacturer, is acquiring the Trace Chemicals crop protection business from the German chemical company

Bayer CropScience LP


Terms for the purchase were not disclosed.

The acquisition, which will be effective immediately, includes the Trace seed treatment product line and a 14-person formulation operation in Pekin, Ill. Apart from this, Chemtura said it will also have access to certain Bayer CropScience active ingredients, registrations and trademarks.

"This is a strategic acquisition for our Crop Protection business," said the company. "The acquisition of Trace expands our offerings in this important niche market by providing immediate access to a high-quality product portfolio."

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