Bayer AG

On 07.0.2021 the Tagesschau reports that Curevac AG and Bayer AG close a vaccination alliance:

"Bayer is supposed to help the Tübingen vaccine developer Curevac in the production and distribution of his future covid vacancy. The hope is that this will provide more vaccine."

On May 23, 2016, Bayer AG presented an official offer to take over Monsanto for $ 62 billion. Since this was too low, Monsanto's management decided unanimously to reject the offer, but one was open to constructive discussions. On September 6, 2016, a new offer from Bayer was presented, in which the price per share was increased from $ 127.50. Monsanto accepted the offer a little later. The purchase price is $ 66 billion (60 billion euros) and is therefore the largest takeover by a German group abroad. Bayer thus becomes the global number one in the agricultural business. In the event that the takeover would not have been taken for antitrust reasons, Bayer had agreed to pay $ 2 billion to Monsanto.

On March 21, 2018, the EU Commission approved the planned takeover under requirements. Bayer had previously committed to sell almost his entire global business for seeds and agronomic features, including research, to BASF. In addition, BASF takes over the business with the Glufosinat pesticide, three important research programs for broadband unscropping destruction and the vegetable seed business combined in the Nunhems brand. The US Department of Justice was approved on May 29, 2018. As the last competition authority, the Mexican Comisión Federal de Competencia Económica on June 4th, under editions. The takeover was completed on June 7, 2018. The name Monsanto is not continued, but integration into the Bayer group was only able to take place after BASF completed the takeover of the areas submitted by Bayer in August 2018.

At the first Bayer general meeting after the controversial takeover of Monsanto 2019 failed to relieve the board around Bayer CEO Werner Baumann-a premiere in the history of the DAX. The Bayer share had lost 40 percent of value after completing the Monsanto transaction. On the stock exchange, Bayer, once Germany's most valuable Dax company, was only worth about as much with 57 billion euros as Bayer had paid for as a purchase price for Monsanto. Numerous major shareholders had therefore announced in advance that they did not want to relieve the board and sometimes also the Supervisory Board.

The interest community was founded in 1904 by

1. Agfa (Aktiengesellschaft für Anilinfabrication Berlin)
2. BASF (Badische Anilin and SodaFabrik Ludwigshafen)
3. Bayer (color factories before Friedrich Bayer & Co. Elberfeld)

Therefore, it was also called a three -fed company. The i.G. initially limited themselves to exchange of experiences and waiver of competition through common products. The model for this was Trusts - company mergers in the USA, e.g. Standard Oil. Trusts were central stock companies, created by the unification of several stock corporations that formally kept their existence. The elimination of the competition permits profit maximization and easier enforcement of one's own interests.

After the stabilization of the global economy in the mid -1920s, it becomes clear that the German dye industry cannot regain its old position on the world market. In order to remain competitive and win new markets, six German companies decided in 1925 to merge in the Interest Group in the Farben Industrie AG, or in short: I.G. Colors. Just like the other companies, Bayer transfers his assets to the I.G. Colors and is deleted as an independent company in the commercial register.

To the Niederrhein company community of the I.G. In addition to the works of Leverkusen, Dormagen and Elberfeld, the Uerdingen plant also belongs. Leverkusen is also the location of the Pharma sales community of the I.G. - With the Bayer Cross as a trademark.

The interest community was founded in 1904 by

1. Agfa (Aktiengesellschaft für Anilinfabrication Berlin)
2. BASF (Badische Anilin and SodaFabrik Ludwigshafen)
3. Bayer (color factories before Friedrich Bayer & Co. Elberfeld)

Therefore, it was also called a three -fed company. The i.G. initially limited themselves to exchange of experiences and waiver of competition through common products. The model for this was Trusts - company mergers in the USA, e.g. Standard Oil. Trusts were central stock companies, created by the unification of several stock corporations that formally kept their existence. The elimination of the competition permits profit maximization and easier enforcement of one\'s own interests.

Fritz ter Meer came from a family of chemists that was closely linked to Bayer. From 1925 he was a board member of I.G. Colors and headed the important Division II (including rubber and pharmaceuticals).

Ter Meer was directly responsible for the most serious war crimes. He was the driving manager behind the planning and construction of the I.G. Farben factory in Auschwitz-Monowitz (I.G. Auschwitz), which was used to produce synthetic rubber (Buna). He approved the exploitation and enslavement of the concentration camp prisoners there. Around 30,000 people died during the construction work and as a result of the targeted destruction through work.

Fritz ter Meer came from a family of chemists that was closely linked to Bayer. From 1925 he was a board member of I.G. Colors and headed the important Division II (including rubber and pharmaceuticals).

Ter Meer was directly responsible for the most serious war crimes. He was the driving manager behind the planning and construction of the I.G. Farben factory in Auschwitz-Monowitz (I.G. Auschwitz), which was used to produce synthetic rubber (Buna). He approved the exploitation and enslavement of the concentration camp prisoners there. Around 30,000 people died during the construction work and as a result of the targeted destruction through work.

Friedrich Bayer founded the company in 1863 together with Johann Friedrich Weskott by forming the general partnership Friedr. Bayer et comp. brought into being.

In 1888 Duisberg became an authorized representative and head of the scientific attempts at Bayer. He developed a close friendship for the ten-year-old Bayer Managing Director Friedrich Bayer, also studied chemist. Duisberg played a significant part in the design and implementation of the company's move to Leverkusen. He was appointed director and board member in 1900; When Bavaria left the board in 1911, Duisberg became general director and chairman of the color factories in 1912. Friedr. Bayer & Co. appointed. Inspired by traveling to the United States, in which he has the model of the merger of stock corporations into a trust such. B. at Standard Oil as the highly profitable, he wrote the memorandum on the unification of German color factories in 1904. As a driving force and spiritual father, he was one of the founders of the colors of colors in 1916.

Friedrich Bayer junior (1851–1920) was the son of the founder and led the expansion of the Leverkusen plant, which later became the headquarters of the Farbenfabriken vorm. Friedr. Bayer & Co. became.

Friedrich Weskott is a co-founder of today's Bayer Group and pioneer of the tar colors together with Friedrich Bayer.

The friendship with Friedrich Bayer leads to the foundation of the company in 1863, which under the name "Friedr. Bayer et Comp." is entered in the commercial register.

In the rapidly growing "Compagnie" - as early as 1867, 50 employees - Weskott takes over the technical management, while Bayer has the commercial leadership.

Even before the company was founded, both cooperation partners are involved in the production and testing of the new synthetic dyes. Anilin and a little later Fuchsin should ultimately exceed the traditional natural dyes, such as those made on the Weskott's site, to exceed radiance and purity and soon completely replace them from the market. The history of the Bayer Group's economic success begins with these.

In May 2020, Müller moved to the chemical and pharmaceutical giant Bayer AG. There he took over management of the entire public affairs department (lobbying) for Germany and the European Union.