Pharmaceutical and agrochemical group Bayer is consolidating its US glyphosate business into a separate subsidiary called Ruveon. With this move, the Leverkusen-based group is responding to specific market demands in the US, where the glyphosate herbicide Roundup has long been both widely used and controversial. Spiegel.de ↗
The new company is set to take over all aspects of the US glyphosate business. Ruveon will remain part of the Bayer group but will operate as a separate unit focused on the needs of the US market. According to available information, this step is being taken at a time when Bayer is facing a wave of lawsuits related to glyphosate. Tagesspiegel ↗
The spin-off comes after a legal success and a multibillion-dollar settlement. The group is seeking to restructure its business so that the US glyphosate operations better match local conditions. Glyphosate is among the best-known active substances used in weed-killing products, and in the United States it is most closely associated with the Roundup brand. Tagesspiegel ↗
With this step, Bayer is not changing the ownership status of its US glyphosate business but is moving it into a dedicated subsidiary. Further developments will depend on how Ruveon establishes itself in the US market and on how the legal disputes evolve, as they remain an important factor for the group's entire glyphosate business. Die Zeit ↗
Bayer spins off US glyphosate business into Ruveon
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