{"id":825250,"date":"2022-10-05T19:09:59","date_gmt":"2022-10-05T17:09:59","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/bayer-completes-sale-of-its-environmental-science-professional-business-to-cinven\/"},"modified":"2022-10-05T19:09:59","modified_gmt":"2022-10-05T17:09:59","slug":"bayer-completes-sale-of-its-environmental-science-professional-business-to-cinven","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/private-capital-in-europe\/bayer-completes-sale-of-its-environmental-science-professional-business-to-cinven\/","title":{"rendered":"Bayer Completes Sale of Its Environmental Science Professional Business to Cinven"},"content":{"rendered":"Business to continue operations as an independent company called Envu\n\n\nLEVERKUSEN, Germany--(BUSINESS WIRE)--Bayer has completed the sale of its Environmental Science Professional business to the international private equity firm Cinven, after the two companies had entered into a corresponding agreement in March. The conditions for closing the transaction \u2013 including the receipt of regulatory approval \u2013 have now been met. The purchase price for the business, which generated sales of approximately 600 million euros in 2021, amounts to 2.6 billion U.S. dollars.\n\n\n\u201cWe thank the employees of Environmental Science Professional for their many years of commitment and the associated success of Bayer. In Cinven, we have found a strong new own
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Business to continue operations as an independent company called Envu LEVERKUSEN, Germany–(BUSINESS WIRE)–Bayer has completed the sale of its Environmental Science Professional business to the international private equity firm Cinven, after the two companies had entered into a corresponding agreement in March. 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