Secret Site Map
Friday, December 19, 2014

Home News Syngenta Closes DuPont Deal

Syngenta Closes DuPont Deal

Supplier News

Syngenta announced today that it has closed the acquisition of the DuPont Professional Products insecticide business.

| October 2, 2012

Related
Click here to read PCT's original report on this development, which includes background information and analysis.

GREENSBORO, N.C. — Syngenta announced today that it has closed the acquisition of the DuPont Professional Products insecticide business. As a result of this transaction, Syngenta now owns industry-leading insecticide brands Altriset, Advion, Arilon, Acelepryn, Calteryx and Provaunt. A number of DuPont Professional Products employees have also joined Syngenta.

“These key assets will provide the Lawn & Garden Turf and Landscape business with new offerings and capabilities to scale our business so that we can meet the needs of our growing customer base,” stated Tim Kroenke, head, Syngenta Lawn and Garden North America. “With the addition of these recognized brands, Syngenta can address critical customer needs in the professional turf and pest control markets with an expanded portfolio of industry-leading, proven technology.”

Scott Reasons, head, Turf & Landscape North America concurred. “The closing of the acquisition provides Syngenta with new capabilities to build upon our strong pest management heritage with next generation chemistry, and expand our leadership position in Turf. We are excited about the range of offerings and additional capabilities we can now provide our customers.”

In addition to targeting the professional turf and pest management markets, Syngenta will pursue adjacent market opportunities in ornamental horticulture and the consumer space. The closing price for the acquisition was $125 million.


 

Top news

Podcast: Cleveland Dixon on His 'Biggest Mistake'

Dixon, CEO of Holiday Termite & Pest Control, discusses his experiences using a Web design/SEO firm, and the benefits of him taking on these responsibilities himself.

Malden High Schools Collaborate with Yankee Pest Control in Mural Contest

Students from Walden, Mass., area high schools painted murals on the backside of Yankee Pest Control's building for a competition. Yankee generously paid for all of the paint supplies and tarps, and provided pizza and refreshments to all of the students each time they were on site.

Adrian Steel Offers Ladder Racks for Full Size Pickup Trucks

The Load Runner Ladder Rack features 2-inch durable round tubing and square crossbars, removable center and rear crossbars, and welded tie down cleats to ensure safe transportation of ladders.

Alpha Ecological Participates in Downtown Boulder’s Lights of December Parade

The parade featured floats from various local businesses, churches, and civic centers in the Boulder area.

Paraclipse Adds Sales Rep Gaulton

Kay Gaulton is a North American Sales Representative, covering the western hemisphere, as well as the Caribbean and Central and South America.

x