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Key developments at Monsanto 1901–1945: Monsanto is founded as a chemical company. 1945–1960: Monsanto begins producing agrochemicals. 1961–1982:
Monsanto tried to acquire Swiss agro-biotechnology rival Syngenta for US$46.5 billion in 2015, but failed. [77] In that year Monsanto was the world's biggest supplier of seeds, controlling 26% of the global seed market (Du Pont was second with 21%). [78] Monsanto was the only manufacturer of white phosphorus for military use in the US. [79]
Monsanto's daughter Olga Méndez Monsanto (1871–1938) was married to John Francis Queeny (1859–1933) of St. Louis, Missouri, who founded the Monsanto Chemical Company, naming it after his wife. [12]
In 1926, he and Carroll A. "Ted" Hochwalt co-founded Thomas & Hochwalt Laboratories in Dayton, Ohio, with Thomas as president of the company. It was acquired by Monsanto in 1936, and Thomas would spend the rest of his career with Monsanto, rising to become its president in 1950, and chairman of the board from 1960 to 1965.
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America Online CEO Stephen M. Case, left, and Time Warner CEO Gerald M. Levin listen to senators' opening statements during a hearing before the Senate Judiciary Committee on the merger of the two ...
Monsanto admitted a senior manager at Monsanto directed an Indonesian consulting firm to give a $50,000 bribe to a high-level official in Indonesia's environment ministry in 2002 related to the agency's assessment on its genetically modified cotton. Monsanto told the company to disguise an invoice for the bribe as "consulting fees".