BASF hired four banks to float an ag unit with $11.1 billion in annual sales

Podcast: AgTech Digest: Weekly Agriculture Technology News & Deals · iGrowNews

Opublikowano: 2026-09-18

In one week, two of the largest names in crop inputs decided they are worth more in pieces. Corteva's board approved distributing its seed operating segment into a new independent, publicly traded company called Vylor, ahead of an October 1 separation — with the seed platform already forecasting $500 million in North America wheat revenue by 2035, $1 billion by 2040, and roughly $500 million in incremental soybean revenue. Days later, BASF mandated Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan to prepare a Frankfurt listing for its Agricultural Solutions unit, which posted €9.6 billion (about $11.1 billion) in 2025 sales and is roughly 80% carved into stan...