Valent, Nufarm extend exclusive distribution agreement to 2023
Date:09-26-2018
Valent U.S.A. LLC and Nufarm Americas, Inc. announced recently the two companies have signed a 5-year distribution agreement extending Nufarm Americas' position as exclusive distributor of a broad portfolio of Valent branded products. The agreement covers all Valent products for the professional turf and ornamental (T&O), aquatic, and industrial vegetation management (IVM) markets in the United States. This agreement continues the distribution partnership Valent and Nufarm established in 2014.
"This agreement between Valent and Nufarm ensures continued innovation, service, and support to our T&O, IVM, and aquatics customers, said Matt Plitt, executive vice president and chief operations officer for Valent. "The history of the two organizations working together is something that Valent is very proud of and looks forward to continuing for many years to come."
Under the terms of this extended agreement, Nufarm will continue to offer the entire line of Valent branded products for professional golf course, lawn and landscape, production ornamental and aquatic use, as well as industrial vegetation management markets under the Valent brand name. This agreement excludes Valent's business in the agricultural crop protection, seed protection, consumer home and garden, forestry, pest control, timber treatment, public health and animal health markets.
"Nufarm is proud to continue as the exclusive distribution partner for the Valent T&O and IVM products," said Brendan Deck, General Manager and President of Nufarm North America. "Our focus is keeping our customers at the core of what we do and this partnership allows us to bring the best quality solutions for their use."
The U.S. agreement between Valent and Nufarm builds on the many successful distribution collaborations established between Valent's parent company, Sumitomo Chemical Company, Limited, and Nufarm Limited since Sumitomo's strategic investment in the global Nufarm Limited business in 2010.