Bayer AG is a German holding company active in the field of health care, nutrition and high-tech materials. It has three subgroups: HealthCare, involved in the research, development and production of health products for people and animals, CropScience, engaged in the crop protection and non-agricultural pest control, and MaterialScience, that provides polymers and develops solution for various applications, supported by service companies like Bayer Business Services, among others. In October 2014, it acquired Merck Consumer Care (MCC) business and entered into an agreement to buy seed business of Granar S.A. It operates through subsidiaries, affiliated companies as well as joint ventures located in Europe, Latin America, Africa, Middle East, North America as well as the Asia/Pacific region, such as Bayer Chemicals AG in Germany, Cotton Growers Services Pty. Limited in Australia, among others. As of August 2014, it sold five diverse sets of patent families to Quantum Materials Corp.