Stockton and Syngenta sign distribution agreement for a new biofungicide technology
Date:06-16-2016
Israel biopesticide company the Stockton Group (STK) has signed an agreement with Syngenta as the exclusive global distributor of a new biofungicide technology based on tea tree oil for the control of several diseases in ornamental crops.
The products of Stockton will be sold under the Syngenta brand for botrytis and powdery mildew in ornamentals globally. The biofungicide technology complements the comprehensive fungicide portfolio of Syngenta and will help to provide its customers with innovative sustainable tools for disease resistance management.
Guy Elitzur, CEO of Stockton Group, commented on the agreement “We are very excited about this agreement as Syngenta is the perfect partner for our new products in ornamentals.”
Jonathan Campbell, Syngenta Head Partnerships & Scouting for Lawn & Garden R&D, said, “The signing of this development and distribution agreement is great news and was only possible thanks to excellent teamwork. Now that we have the agreement in place, we are looking forward to working closely with Stockton to drive this exciting project forward”.