Bayer to exit animal health business, looking to sell Shawnee location

According to a statement released on Thursday, Bayer is planning to exit the animal health business as well as the brands of Coppertone and Dr. Scholl’s.

Bayer will be seeking a buyer for the animal health business in Shawnee, Kansas and will not be closing the site, the company clarified later in the day.

“The Bayer Group aims to strengthen its core life science businesses through a series of portfolio, efficiency and structural measures designed to enhance productivity and innovation while significantly improving competitiveness,” the statement said. "In a meeting on Thursday, the Supervisory Board of Bayer AG discussed the plans laid out by the Board of Management and unanimously expressed their support.”