Agriculture & Food Security

The bank is designed to safeguard Iraq’s local crop varieties, wild relatives, and traditional seed material, which face increasing pressures from water scarcity, salinity, heat, and changing farming systems.

The investment will support international field trials, research and development, and partnerships with seed companies as the business expands its portfolio of crops designed to withstand environmental stresses.

The new Madrid office complements Olam Agri’s existing Barcelona operation, its first base in the country and the starting point of its Spanish business.

Company completes spin-off of seed business, well positioned to advance its robust pipeline with 12 new actives, including 5 biologicals, for launch in the next decade.

Konan will oversee Bayer’s activities across markets where farmers seek improved access to seeds, crop-protection products, and technical support.