Strengthening the offer to Lawn and Garden customers
Syngenta to acquire DuPont Professional Products insecticides business
29 August 2012
To strengthen further the Syngenta Lawn and Garden offer, Syngenta has agreed to acquire the insecticides business of DuPont Professional Products, a leading supplier of innovative products for the professional turf, ornamentals and home pest control markets.
The combination of DuPont's Professional Products business assets with Syngenta’s current product range represents an unparalleled complementary portfolio fit and maximizes potential growth opportunities in professional pest management and ornamental horticulture as well as the consumer home pest market.
Under the terms of the agreement, Syngenta will acquire certain global business assets, including related active ingredients (AI) and formulated products through exclusive supply and licensing agreements with DuPont.
Syngenta will also acquire intellectual property, including established pest control brands such as Advion® and Acelepryn®. A number of DuPont Professional Product employees will also transfer to Syngenta at closing.
Pests such as grubs can be detrimental to professional turf as grub feeding destroys the roots, leaving the turf to wither and die. Acelepryn® insecticides, which are based on the active ingredient chlorantraniliprole, provide lawn care professionals and golf course superintendents with reliable and consistent pest control. Acelepryn® is also the only turf product in Group 28 – the latest insecticide class recognized by IRAC (Insecticide Resistance Action Committee).
Advion® is based on the active ingredient indoxacarb. It provides targeted control of common and pervasive pests such as cockroaches and fire ants. Advion® works by converting to its active form inside the insect, allowing it to be selective with minimal impact on non-target species. It provides excellent protection with easy to use applications such as gels and granules.
The DuPont agreement will also give Syngenta access to solo formulations of cyantraniliprole, which has shown great promise in controlling insect pests in ornamental crops as well as nuisance flies and mosquitoes.
All three insecticides covered in the transaction are classified by the U.S. Environmental Protection Agency as ‘reduced risk’.
Along with the exclusive agreement signed last year with Pasteuria, the Dupont Professional Products business acquisition is further evidence of Syngenta’s commitment to offering lawn and garden customers market leading solutions.