Hoechst Schering AgrEvo GmbH
Hoechst Schering AgrEvo GmbH was a Düsseldorf-based limited liability company owned by Hoechst AG and Schering AG that only existed as an independent company for five years, from 1994 to 1999.[1]
It was established in 1994, when two German producers of chemicals and pharmaceuticals, Hoechst and Schering, merged their crop protection divisions into a new joint venture to benefit from economies of scale in marketing and research and development.[1] In 1999, AgrEvo’s majority shareholder, Hoechst, merged with the French pharmaceutical and chemical company Rhône-Poulenc to become Aventis, with AgrEvo and Rhône-Poulenc's agrochemicals division combined into Aventis CropScience.[1] In 2002, Bayer AG acquired Aventis CropScience and combined it with their agrochemicals division (Bayer Pflanzenschutz or "Crop Protection") to form Bayer CropScience.