Agrochemical Company Mergers, Acquisitions & Collaborations in 2011 (part 2)

Date:03-14-2011

◆  Dow AgroSciences and Keygene N.V. entered into a Trait Development Agreement. Dow AgroSciences will provide KeyGene with access to EXZACT™ Precision Technology, its experience in targeted genome modification, and research support for use in a program focused on tomato yield enhancement. KeyGene will apply its expertise in molecular breeding, vegetable genetics and tomato protoplast technology to perform the research.

◆  Dow AgroSciences Canada Inc. announced the completion of the acquisition of assets of Hyland Seeds, a division of Thompsons Limited of Blenheim, Ontario.

◆  DuPont acquired three regional seed companies AgVenture (Indiana), Hoegemeyer Hybrids (Nebraska) and NuTech Seed (Iowa) as part of its PROaccess business strategy.

◆  Eden Research plc (UK) signed an exclusive licence for its nematicide product for Latin America and Mexico with Stockton Agrimor AG (Switzerland).

◆  Eden Research (UK) signed an exclusive option agreement for its nematicide product and technology with Certis Europe BV (Netherlands).

◆  FMC Corporation acquired the herbicide fluthiacet-methyl from Kumiai Chemical and Ihara Chemical, both of Tokyo.

◆  FMC entered into a development and distribution agreement with Kumiai Chemical Industry Co., Ltd., and Ihara Chemical Industry Co., Ltd., for access to the new herbicide pyroxasulfone for use in combination with FMC's fluthiacet-methyl herbicide.

◆  Gowan Company reached an agreement with Dow AgroSciences to acquire the rights to M-Pede insecticide/fungicide and Scythe herbicide.

◆  InterGrain Pty Ltd and Monsanto announced a technology collaboration agreement that is expected to lead to significant new advances in wheat technology for Australian growers.

◆  The J. R. Simplot Company reached agreement to acquire the assets of Texas Liquid Fertilizer based in Hempstead, Texas.

◆  The Makhteshim Agan Group signed a definitive agreement for the acquisition of 100% of Ingenieria Industrial S.A de C.V, and it has taken a 51% stake in JK Inc.

◆  Mitsui & Co., Ltd entered into a definitive agreement to acquire 100% of the shares of Agriguard Holdings Ltd, a company manufacturing and distributing off-patent crop protection products in Ireland through Mitsuis wholly owned subsidiary Mitsui AgriScience International SA/NV.

◆  Monsanto Company purchased the Chesterfield Village Research Center located in Chesterfield, Mo.

◆  Monsanto and FMC announced an agreement that broadens Monsanto’s Roundup Ready PLUS™ weed management platform in the United States to include selected FMC products.

◆  Monsanto, Sumitomo Chemical and Valent U.S.A. announced a long-term agreement that makes the companies strategic partners in Monsanto’s Roundup Ready PLUS weed management platform in the United States.

◆  Monsanto and AgraQuest entered into a collaboration to evaluate the potential use of AgraQuests pipeline of biopesticide leads to develop seed treatments for Monsanto’s core crops and vegetables.

◆  Monsanto and Stokes Bio (Limerick) entered into a licensing agreement and R&D collaboration, which is expected to help accelerate the pace of new advancements in plant breeding.

◆  Monsanto licensed the Roundup Ready Plus trademark for use with select products from Makhteshim Agan Group (MANA).

◆  Monsanto licensed its Roundup Ready Plus weed management trademarks for use with Valent herbicides such as Valor XLT, Gangster and Fierce.

◆  Monsanto granted a new royalty-bearing, Roundup Ready 2 Yield® license to Dow AgroSciences.

◆  Neudorff (Germany) assigned distribution rights to the biopesticide company Certis USA to market its OMRI-listed, NOP-approved products DES-XTM insecticidal soap concentrate, Cueva liquid copper fungicide concentrate, Seduce insecticidal bait and Sluggo slug and snail bait.

◆  Neudorff has assigned exclusive distribution rights to Engage Agro USA to market its new bioherbicide, Fiesta Turf Weed Killer, for all U.S. professional turf markets.

◆  Nippon Soda Co. Ltd. granted the Canadian crop protection marketing rights for Confirm®240F Agricultural Insecticide to Gowan Canada, LLC.

◆  Nippon Soda Co. Ltd. acquired the brand and its active ingredient -- tebufenozide -- from Dow AgroSciences.

◆  Nippon Soda Co. Ltd. granted the U.S. crop protection marketing rights for Confirm® 2F Insecticide to Gowan Company LLC.

◆  Nippon Soda appointed Certis Europe as its distributor for the range of tebufenozide products in France, Italy, Spain, Portugal, the UK, Belgium, Netherlands, and Luxemburg.

◆  Novozymes (Denmark) acquired EMD/Merck Crop BioScience from Merck KGaA.

◆  Nufarm acquired the oilseed and confection sunflower interests of California based Flower Genetics LLC.

◆  Nufarm Australia and Sumitomo Chemical Australia reached agreement on new toll manufacturing arrangements for a number of Sumitomo Chemical’s products in Australia.

◆  Origin Agritech, a vertically–integrated supplier of hybrid and genetically-modified crop seeds in China, acquired a 80.0% ownership stake in Shandong Kunfeng, a agricultural chemical producer in Shandong, China, for RMB 14.96M.

◆  Origin Biotechnology reached a comprehensive, worldwide agreement with the Institute of Plant Protection, Chinese Academy of Agricultural Sciences (CAAS) for Bt-gene.

◆  Pakistan signed agreement with Monsanto for providing Bt Cottonseed to Pakistan.

◆  Plant Sciences Group of Wageningen UR and Biogemma announced a collaboration in research and development for drought tolerance in wheat.

◆  Plant Health Care signed a non-exclusive agreement with Syngenta to develop and market Plant Health Cares Harpin protein as a foliar spray in combination with Syngentas herbicide products - containing glyphosate.

◆  Plant Impact signed an evaluation, development and distribution agreement with Arysta LifeScience Corporation covering the companys crop nutrient products.

◆  Rallis India acquired 53.5% stake in Metahelix Life Scinces, a Bangalore based seeds research company, through an all cash deal of Rs 99.5 crore.

◆  Rallis India entered into a cooperation agreement with Syngenta to source fungicide azoxystrobin from Syngenta for marketing in India.

◆  Sumitomo Chemical acquired 20% stake in Nufarm.

◆  Syngenta signed an agreement to acquire the Maribo Seed sugar beet business from Nordic Sugar, a subsidiary of Nordzucker AG, for a consideration of €43 million ($52.8 million) plus €5 million ($6.1 million) contingent payments on a cash and debt free basis.

◆  Syngenta entered into a long-term multi-crop partnership with Embrapa, the Brazilian Agricultural Research Corporation, to advance solutions for Brazilian growers to improve crop quality and yield.

◆  Syngenta granted Dow AgroSciences licenses to a number of VipCot™ cotton varieties, as well as access to its COT102 cotton transgenic event.

◆  United Phosphorus Limited (UPL) acquired RiceCo LLC, USA along with its subsidiaries and certain Assets of the International business of its Affiliate Company.

◆  United Phosphorus Ltd purchased the global non-mixture mancozeb fungicide business and related assets from DuPont.

◆  American Vanguard Corporation acquired the cotton defoliant product tribufos (sold under the trade name Def®) from Bayer CropScience.

◆  Virginia Tech and Monsanto announced a collaboration to help both parties improve their wheat breeding programs and varieties.

◆  Wynca acquired 75% stake in NingXia Sanxi Chemical for approximate 80 million Yuan.

End

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