Bosch BASF smart agriculture joint venture has received global approval

· Obtain formal approval from the merger regulator

·Experienced senior leadership team poised to embrace new growth for the new company

Intelligent spraying, accurate identification and management of weeds

Stuttgart/Cologne, Germany – The 50/50 joint venture between Bosch and BASF Digital Agriculture has now been approved by all relevant merger regulators and officially registered as Bosch BASF Smart Agriculture (hereafter: BBSF) AG, with the aim of global Promote and sell intelligent agricultural technology through unified channels within the scope
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The establishment of BBSF is an important milestone
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The company headquarters has been established in Cologne, Germany, and is co-led by experienced BASF Managing Director Silvia Cifre Wibrow and Bosch Managing Director Florian Gwosdz
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Currently, Bosch and BASF are jointly developing and testing smart spraying solutions, which will be rolled out by BBSF to initial markets in North, South America and Europe in the future
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BBSF's smart farming solutions are commercialized in Brazil and Argentina
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In the future, the program will further enhance regional planting recommendations in Brazil with the help of the advanced digital and intelligent agricultural decision-making engine of BASF's xarvioTM crop optimization platform
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Smart configuration improves efficiency

Smart spraying solutions automatically monitor and manage pre-emergence ("green-brown") and post-emergence ("green-green") weeds in real time around the clock
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Combining xarvio's smart agronomy with Bosch's high-tech camera sensor technology and software, Smart Spray accurately detects weeds in crop rows within milliseconds and applies herbicides only where needed
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This unique configuration enables efficient herbicide use, with trials proven to save up to 70% in herbicide usage
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In addition, additional herbicide savings are expected depending on field conditions and weed pressure in individual fields
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Helping Sustainability and Biodiversity

Florian Gwosdz, Co-Managing Director for Smart Agriculture at BASF Bosch, said: "The approval of the merger governing body is another important milestone for us
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company, formed a new team and continues to work with different producers to successfully test products in different climates
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Our smart spraying solutions continue to receive positive, consistent test results, which clearly demonstrates the integration of hardware, software and advanced Agronomic logic works
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Silvia Cifre Wibrow, Co-Managing Director for Smart Agriculture at BASF Bosch, said: "Our smart spray solution will provide the market with new digital solutions and weed management methods
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By applying herbicides more precisely, we can increase the efficiency of herbicide use.
And through the gradual optimization of herbicide dosage, planting income can be improved
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Monitoring, analysis and spraying based on intelligent agronomy are the unique advantages of intelligent spraying solutions, which not only help farmers increase income, but also benefit the environment, sustainability and biological Diversity
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Bosch BASF Smart Agriculture will launch several smart spraying solutions as planned by the end of this year
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