Syngenta to acquire DuPont Professional Products business
Advertisement
Syngenta announced that it has agreed to acquire the DuPont Professional Products insecticide business, a leading supplier of innovative products for the professional turf, ornamentals and home pest control markets. The acquisition will expand the range of products which Syngenta offers to golf course and lawn care professionals and to ornamental growers, and will also strengthen its portfolio for the control of home pests.
Under the terms of the agreement, Syngenta will acquire a global business including established pest control brands Advion® and Acelepryn® and other intellectual property, as well as a number of employees, for a consideration of $125 million. Syngenta will also access the related active ingredients and formulated products from DuPont through exclusive supply and licensing agreements.
The transaction is expected to close in the fourth quarter of 2012.
Most read news
Other news from the department business & finance
Get the chemical industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
Last viewed contents
Ranbaxy to acquire the unbranded generic business of GlaxSmithKline in Italy
Dow Corning Names New Commercial Leader for Solar Business in China
Uhde erhält Folgeauftrag von der LUKOIL Chemical Group über eine PVC-Anlage
INEOS Styrenics announces price increase for Polystyrene (PS) products in Europe
Chemists perfect fast way to synthesize libraries of gold nanoparticles
Bosch Solar contract reinforces Linde’s position as leading PV gas supplier
Researchers Make Breakthrough in the Production of Double-Walled Carbon Nanotubes - Northwestern University team develops new method to reliably produce and sort out double-walled carbon nanotubes
Chevron Phillips Chemical to Expand Alpha Olefins Capacity at Cedar Bayou Plant
Great Lakes to Increase Elemental Bromine and Bromine Derivatives Prices in North America
Airgas Acquires Pain Enterprises, Inc., Based in Bloomington, Indiana
DuPont and ChemFirst Continue Joint Investigation of Plant Explosion