The Brandt Group of Companies has concluded an agreement with U.S.-based Ultara Holdings, Inc. to acquire the assets of GeoShack Canada Company and the Canadian assets of Inteq Distributors.
The Government of Canada has launched a new funding competition, through the Strategic Innovation Fund, for national scale initiatives in automation and digital technology applications in the agriculture and agri-food sector. Funding of between $10 million and $50 million will be provided to a successful applicant in the competition.
Leverkusen, Germany–based pharmaceutical giant Bayer has completed the biggest acquisition in its history in the second quarter of 2018, when it acquired Monsanto for US$63 billion. Bayer considerably expanded its seed business through the acquisition of Monsanto, particularly for corn and soybeans, the company says.