State meets with Bayer AG CEO Werner Baumann to discuss proposed Bayer-Monsanto merger

November 18, 2016
Meeting in Germany at Bayer AG global headquarters focuses on potential impact on Missouri if proposed merger is approved

Leverkusen, Germany - Governor Jay Nixon spent three and one-half hours today at Bayer AG global headquarters here in talks on the proposed Bayer-Monsanto merger with Bayer AG CEO Werner Baumann and Liam Condon, CEO of Bayer CropScience AG. As the Governor has stated since the September announcement of the proposed deal, he is determined to make sure the combined company would benefit the highly skilled and globally respected innovator-employees and researchers at Monsanto’s Missouri operations as well as the Missouri economy.

Gov. Nixon and Bayer CEO Baumann released the following statements at the conclusion of the meetings:

“I appreciated the opportunity to meet with Bayer AG CEO Baumann,” Gov. Nixon said. “Throughout our discussions, I stressed that Monsanto is not only a global leader in crop science with thousands of highly skilled employees set in the heartland of global agriculture, the company and its employees are a critical pillar in St. Louis’ international leadership in the plant science economy, agriculture research and education, and outstanding contributors to cultural institutions and charitable organizations.

“I also stressed the opportunities for further investment and growth both in St. Louis and at Bayer’s existing 240-acre Kansas City facility that provides more than 840 jobs producing some of the world’s leading seed treatments and agricultural chemicals,” the Governor said. “I also expressed my appreciation for Bayer’s long-standing investment in Kansas City and its relationship with the community.”

“At Bayer, our purpose is Science For A Better Life,” Mr. Baumann said. “As the population grows, farmers around the world need new, more innovative tools to meet the rising demands for more food and feed. Creating these tools requires cutting edge science and access to the best talent. As I told Gov. Nixon today, Missouri, and its center of excellence in the sciences, is perfectly aligned with our purpose and the proposed combination with Monsanto will unite two complementary research pipelines powered by some of the brightest minds today. Our commitment to our customers, employees and society as a whole is to innovate and lead in the essential area of sustainable modern agriculture. I appreciated the opportunity to meet with Gov. Nixon today and we look forward to engaging with all stakeholders and will continue an open dialogue and exchange.”

Baumann reaffirmed his commitment to the Governor that the combined agricultural business of Bayer and Monsanto will have its global Seeds & Traits and North American commercial headquarters in St. Louis. 

Since the announcement of the proposed merger, the Governor has met on multiple occasions with top Monsanto executives, including CEO Hugh Grant.

The meetings at Bayer followed the Governor’s completion of a business development and investment visit to Israel that included signing an agreement for Missouri and Israel to work jointly to advance entrepreneurship and job creation in the high-tech sector.

Today, Gov. Nixon travels to the United Arab Emirates to lead a Missouri trade delegation to continue to drive Missouri export growth and job creation, as well as foreign investment in the Show-Me State.

Last week, newly released figures show that through September 2016, Missouri exports reached almost $10.6 billion. That exceeds the previous January to September total of $9.9 billion in 2014, when Missouri’s annual exports reached an all-time high of just under $14.2 billion. That was an increase of 49 percent from 2009, Gov. Nixon’s first year in office, when exports were $9.5 billion.