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Syngenta Closes Acquisition of DuPont's Insecticide Business11-08-12 | News

Syngenta Closes Acquisition of DuPont's Insecticide Business




Award???(R)???AE???? fire ant bait delivers effective control with a simple two-step application program. Syngenta tests show 90 percent control of fire ants eight weeks after the second application. Six industry-leading brands now part of Syngenta's insecticide portfolio; several DuPont employees joining Syngenta.
Photo Courtesy of Syngenta
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Syngenta has completed the acquisition of the DuPont Professional Products insecticide business. It now owns industry-leading insecticide brands Altriset, Advion, Arilon, Acelepryn, Calteryx and Provaunt.

"These key assets will provide the lawn and 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," said Tim Kroenke, head of 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."

The company plans to expand its reach, growing from the professional turf and pest management markets and into opportunities in ornamental horticulture and the consumer space. The closing price for the acquisition was $125 million.






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