Apr 16, 2019STK, Summit Agro enter into exclusive US distribution agreement
Effective immediately, Summit Agro USA will assume the marketing and sales responsibility for STK products in the USA. Currently registered STK products, include Timorex Gold and Timorex Act. Timorex Gold is a botanical-based biofungicide, used in nearly 40 countries and currently approved for use throughout the U.S. for a wide range of uses. Timorex Act is a new OMRI-listed biofungicide for organic farming and conventional agriculture.
Pending registration is Regev, the first “hybrid” pre-mixed combination of a botanical-based biopesticide with a chemical pesticide. Comprised of tee tree oil and difenoconazole, Regev is already used in approximately 15 countries on a wide range of horticultural and row crops. EPA registration is anticipated in the first quarter of 2020.
In addition to the STK products, Summit Agro will also assume the STK non-exclusive rights to sell Aviv biological fungicide in the US. Already launched in the U.S., AVIV offers broad spectrum disease control in key fruit and vegetable crops.
CEO Arye Tennebaum of STK said, “I am delighted to announce this partnership with Summit Agro. They are a world-class organization, with a great team of highly knowledgeable and dedicated professionals to help fruit and vegetable growers with STK’s cutting edge technologies for plant health and yield growth.”
The president and CEO of Summit Agro USA, Bill Lewis, also commented, stating,” Summit Agro is very excited with this opportunity. The addition of the STK brands to the existing strong Summit Agro brand family will allow Summit Agro to offer a wide range of disease control options. We are confident that in coordination with our exclusive distribution partners, Helena Agri Enterprises and the Tenkoz member companies, we will be able to effectively deliver STK’s innovative biological and ‘hybrid’ solutions to growers all across the USA. We know these are outstanding products and we’re very proud to have been selected to represent them in the USA.”