New partnership will fast-track Merit’s pea and canola protein plant.

Both companies had employees test positive for COVID-19.

Income jumps 141% from year ago.

Companies temporarily close facilities.

Cost-saving efforts, plant production improvements on the agenda.

Agribusiness unit sustains loss of $127 million in quarter.

Japanese company’s affiliate, CGB, will operate the acquired facilities.

Company handles more than 25 million tonnes of commodities annually in Brazil.

It has incorporated as a legal entity based in Geneva, Switzerland.

Bayer also has representation on the board.