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Bayer consolidates US glyphosate business into new subsidiary Ruveon amid lawsuit wave

By

Sophia Boddenberg, Reuters

2h ago· 2 min readdeNews
businessnews

Summary

Bayer is restructuring its US glyphosate business by creating a separate subsidiary called Ruveon, based in St. Louis. The new entity will handle all aspects of the US glyphosate operations — from pricing to production — while remaining part of the Bayer group. This move comes amid a wave of lawsuits related to the controversial herbicide glyphosate.

Source

bskyBayer consolidates US glyphosate business into new subsidiary Ruveon amid lawsuit wavezeit.de

Key quotes

· 3 pulled
Die neue Gesellschaft werde den Namen Ruveon tragen.
Ziel sei es, das Geschäft optimal auf die spezifischen Anforderungen des US-Marktes auszurichten.
Ruveon werde von St. Louis aus alle Aspekte des US-Glyphosatgeschäfts verantworten, von der Preisgestaltung bis zur Produktion, bleibe jedoch Teil des Bayer-Konzerns.
Snippet from the RSS feed
Der Pharma- und Agrarkonzern Bayer gründet eine eigenständige Tochtergesellschaft für das Glyphosatgeschäft. Ruveon soll auf die Anforderungen des ​US-Markts reagieren.

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