Nunhems, Unilever in pact to develop new tomato varieties
February 07, 2007
by Eric Schroeder
MONHEIM, GERMANY — Bayer AG announced its Nunhems BV vegetable seed business has signed an agreement with Unilever to co-develop new tomato varieties with added benefits in taste, nutrition and health. Financial terms of the transaction were not disclosed.
As part of the agreement, the two companies would form a shared research, development and business platform for innovative tomato varieties. In addition, Nunhems would acquire Unilever’s tomato seed business.
"The agreement with Unilever is a further consistent step in our strategy to find new product solutions for the food value-added chain," said Dr. Friedrich Berschauer, chairman of the board of management for Bayer CropScience. "By cooperating with Unilever we can thus contribute to improve nutrition and health of the consumers."