Graines Voltz (ENXTPA:GRVO) entered into an agreement to acquire HILD samen GmbH from BASF SE (XTRA:BAS) on March 3, 2020. The transaction will be financed by Graines Voltz's available cash and by a bank loan. The transaction is subject to customary closing conditions and is expected to close in the second quarter of 2020.

The acquisition will be accretive for Graines Voltz.