June
ChemChina subsidiary Adama Agricultural Solutions and US rice company RiceTec agreed to extend their US partnership to develop a non-genetically modified system of herbicide-tolerant rice to farmers worldwide. The US deal was agreed in February.
The Canadian agricultural products company, Agrium, acquired Australian company Starpharma Holding’s agrochemical business. The purchase was made through Agrium’s US agrochemical and fertiliser operation, Loveland Products.
US agrochemical company American Vanguard completed the acquisition of three pesticides from ChemChina subsidiary Adama Agricultural Solutions. The deal was agreed in April to satisfy US Federal Trade Commission approval of ChemChina’s acquisition of Syngenta.
Platform Specialty Products’ agrochemical business, Arysta LifeScience, acquired the business assets of South African biosolutions supplier Verios.
Japanese company Mitsui & Co’s US biopesticide subsidiary, Certis USA, acquired the US biopesticide business, LAM International.
ChemChina completed the acquisition of Syngenta following a process that started in February 2016 with Syngenta’s board of directors recommending the acceptance of ChemChina’s offer valuing it at over $43 billion.
Danish seed company DLF Seeds agreed to acquire Syngenta’s global sugar beet seed business.
DuPont seed subsidiary DuPont Pioneer entered
into a technology licensing agreement with Irish genomics firm ERS Genomics for CRISPR-Cas genome editing technology.
Japanese company Mitsui & Co’s US copper fungicide business, Kocide, completed the acquisition of DuPont’s US copper fungicide production facility in Houston, Texas.
The US biopesticide company, Marrone Bio Innovations, engaged the US investor relations firm, M Z Group, to manager a strategic investor relations and financial communications programme across all key markets.
Monsanto formed a research collaboration with the US artificial intelligence company, Atomwise, aimed at increasing the speed and probability of developing new crop protection products.
Kumiai Chemical and Indian company P I Industries agreed to form a 50:50 agrochemical joint venture, P I Kumiai, in India.
Sipcam-Oxon’s US agrochemical business, SipcamAdvan, entered into an agreement with Canadian company Vive Crop Protection to commercialise products for the turf, ornamental and specialty markets containing Vive’s proprietary Allosperse delivery system.
Sumitomo Chemical and BASF agreed to collaborate on the development of a new unnamed fungicide discovered by Sumitomo.
The German Tentamus Group acquired a majority stake in the US contract research company, Symbiotic Research.
Source: Agrow
An overview to the most relevant transactions that have taken place in the crop protection industry and across the globe on 2017.... Just pure M&A.