Potter Anderson Serves as Counsel to DuPont in Deal to Acquire Taxon Biosciences
April 23, 2015
E. I. du Pont de Nemours and Company has agreed to acquire Taxon Biosciences Inc., a leading microbiome discovery company, for an undisclosed amount. The acquisition will further strengthen DuPont's in-house capabilities and market access in both seed and crop protection to discover and commercialize biological solutions for agriculture customers globally.
Founded in 2000, California-based Taxon uses genomics, bioinformatics, and microbiology to develop microbial-based products for agriculture.
Closing of the acquisition is expected in the second quarter.
The Potter Anderson team was led by partners Michael B. Tumas and Roxanne L. Houtman.