Search results
Results from the WOW.Com Content Network
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 is founded in St. Louis, Missouri, in 1901 as a chemical company, [1] by John Francis Queeny, a 30‑year veteran of the pharmaceutical industry. Its first products are commodity food additives, like the artificial sweetener saccharin , caffeine , and vanillin .
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]
This page was last edited on 3 November 2011, at 03:10 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Two years after that, he founded Monsanto Chemical Works, and began producing saccharine, which he sold to Meyer Brothers. He started to turn a profit in 1905, but it was not until 1906 that he left Meyer Brothers to work for Monsanto full-time. [3] In 1928, Queeny retired from Monsanto and was succeeded by his son, Edgar. The company grew to ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
After his father retired from the company, Edgar took over the leadership of Monsanto in 1928. [2] At this time, it had just been listed on the stock exchange as a public company. He led the company through the 1929 stock market crisis and its expansion into a major U.S. industrial company with a global presence before he retired in 1960.
In 2016, Bayer merged with the American multinational Monsanto in what was the biggest acquisition by a German company to date. [13] However, owing to the massive financial and reputational blows caused by ongoing litigation concerning Monsanto's herbicide Roundup, the deal is considered one of the worst corporate mergers in history. [13] [14 ...