Secret Site Map
Tuesday, July 29, 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

Cook’s Open House Showcases State-of-the-Art Training Facilities

Residential and commercial training centers provide hands-on educational opportunities in a “real-world” setting for technicians and sales personnel.

Arrow Exterminators Acquires Alchemy Pest Control

Alchemy is based in Raleigh, N.C., and serves the greater Raleigh-Durham area and surrounding communities.

Canada's Bed Bug Problem Worsening, Experts Say

Bed bugs are multiplying in record numbers in cities and smaller communities across Canada, CTN News reports.

'Super Ants' Discovered in London

An invasion of super ants that are attracted to electricity is feared to be spreading across the south of the country after a large nest was discovered in a house in London, metro.co.uk reports.

Bed Bugs Turn Up in Senate Office Building

The pests were found on the sixth floor of the Dirksen building last week, causing officials to take emergency measures such as closing off a restroom for a couple of days with yellow police tape, the Daily Caller reports.