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BASF hired four banks to float an ag unit with $11.1 billion in annual sales
Episode 12318th September 2026 • AgTech Digest: Weekly Agriculture Technology News & Deals • iGrowNews
00:00:00 00:11:02

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In one week, two of the largest names in crop inputs decided they are worth more in pieces.

Corteva's board approved distributing its seed operating segment into a new independent, publicly traded company called Vylor, ahead of an October 1 separation — with the seed platform already forecasting $500 million in North America wheat revenue by 2035, $1 billion by 2040, and roughly $500 million in incremental soybean revenue. Days later, BASF mandated Citi, Deutsche Bank, Goldman Sachs and J.P. Morgan to prepare a Frankfurt listing for its Agricultural Solutions unit, which posted €9.6 billion (about $11.1 billion) in 2025 sales and is roughly 80% carved into standalone legal entities, with a Capital Markets Day set for November 24, 2026 and IPO readiness targeted by mid-2027.

Also this week: IDEXX Laboratories agreed to buy CoVetAI for AI-native veterinary workflow tools; BFG Supply Co., a 54-year-old horticulture distributor, set an auction date for substantially all assets after its August Chapter 11 filing with 16 affiliates; Robigo closed a Series A led by Leaps by Bayer with Illumina Ventures, SVG Thrive, Congruent Ventures and Endeavor8; Nature's Miracle Holding agreed to divest its Visiontech grow-light subsidiary; Mazama Energy raised $135 million and Branch Energy $33 million; Crane Company bought Trillium Pumps US for $240 million and ZenaTech closed its 29th roll-up; Pivot Bio welcomed finalized 45Z Clean Fuel Production Tax Credit guidance for regeneratively grown corn; The More Life Company reported up to 32.5% potato yield gains in Brazil from licensed Agrarius technology; New Holland launched a retrofit GPS kit for tractors up to 35 years old; and Alveo Technologies partnered with Alliance Global on on-farm avian-influenza testing across Africa, Central Asia and the Eastern Mediterranean.

This week's paid edition, Cash Crop, covers Holtec Nuclear's IPO push at a roughly $10.2 billion valuation, Franklin Electric's up-to-$400 million purchase of Cat Pumps, Mitti Labs' Google-backed rice-methane carbon deal, and Agreena's record 4.45 million-tonne soil-carbon agreement across Kazakhstan.

In this episode:
(00:00) Cold Open
(00:59) The Impact Scorecard
(02:42) Corporate and Financial Shifts
(05:33) Innovation and Public Strategy
(08:09) Market Signals and Operations
(09:09) Close

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Mentioned in this episode:

2025 Precision Ag Report by iGrowNews

2025 Precision Ag Report

2025 Precision Ag Report by iGrowNews

2025 Precision Ag Report

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