Jan 12, 2024Gowan to acquire rights to insecticide from Syngenta
Gowan Crop Protection Limited, an affiliate of Gowan Company, LLC, has entered into agreements with Syngenta Crop Protection AG to acquire global rights to the active ingredient cyromazine.
The acquisition includes product registrations and trademarks, including TRIGARD and LEPICRON, and related intellectual property and labels. The acquisition excludes the trademark CITATION for use on ornamentals. The transaction closed on Dec. 28, although Syngenta and Gowan will work together over the next several months to facilitate an orderly transition to maintain quality customer service in all geographies. U.S. crop protection and seed treatment product transfer will commence in a few years.
The financial terms of the transaction were not disclosed.
A cornerstone of Gowan’s Muddy Boots philosophy is to support growers and distribution partners in meeting the challenges of controlling destructive weeds, insects, or pathogens infesting crops. Gowan believes this acquisition will enhance its core product offering in vegetables and allow the company to serve growers’ needs better in these crops. according to a news release.
Gowan Group is a global, family-owned agriculture solutions business headquartered in Yuma, Arizona. Gowan specializes in developing, marketing and manufacturing global agriculture inputs such as crop protection products, seeds and fertilizers. Gowan has over 27 entities in 15 countries and sales in over 70 countries.