Bayer hit the headlines in 2016 when it completed the acquisition of Monsanto for $65bn. The German crop science company agreed a deal with the US seed and chemical giant.

The combination of these two companies created the world’s largest seed and chemical company, which commands around a 25% share of the market in both sectors.

Consolidation

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This is part of a wider trend of consolidation within the agri chemical and seed industry over the last number of years, which includes the Dow and DuPont merger and the ChemChina takeover of the Swiss seed and chemical giant Syngenta.

The Irish Farmers Journal caught up with Denis O’Donovan to discuss how Bayer sees the future of tillage farming and the role technology plays in driving the sector.

Listen to "Bayer returns to the Ploughing after 23 years" on Spreaker.