Becker Underwood is the global leader in the development &a; commercialization of value-creating seed-applied biological products.
Business Model:
Revenue: $40.7M
Employees: 51-200
Becker Underwood was acquired by
BASF.
The acquisition happend on 2012-09-20.
Details of the transaction were not public
Address: 801 Dayton Ave
City: Ames
State: IA
Zip: 50010
Country: US
Becker Underwood is the global leader in the development and commercialization of yield-improving and value-creating seed-applied biological products for the agricultural sector. Becker Underwood’s core competency is the rapid commercialization of breakthrough R&a;D. The culture of practical, demand-led innovation that pervades the company is supported by expertise in the discovery of new products, the development of efficient and effective manufacturing processes and know-how in biological formulations that have been developed over the company’s 30-year history. The global population continues to grow at a robust pace. According to United Nations estimates, there are 7 billion people in the world today, a figure that is expected to exceed 8 billion by 2025. In addition to population expansion, income growth, particularly in Asia and emerging markets, is creating a new middle class that seeks a diet with more animal protein, which requires significantly increased crop production to support herds. Growing demand for all food, fiber, and feed crops will continue into the foreseeable future. Technologies that increase yield are in high demand. With rising crop demand, commodity prices, and limited land (some of which is now used for biofuels), growers are seeking and willing to pay for tools that maximize their yield. This is where Becker Underwood has focused its efforts in the last six years, using insights and data gained over decades. Leading technology, proven products, and relationships with leading seed and crop-protection companies, distributors, retailers, and growers have helped to drive the company’s history of uninterrupted growth.
Contact Phone:
+15152325907
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 8/2004 | Private Equity Round | 1 | - |
Norwest Equity Partners (NEP) Norwest Equity Partners (NEP) |
8/2004 | Private Equity Round | 1 | - |
Norwest Equity Partners (NEP) Norwest Equity Partners (NEP) |
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