TKI to buy Purfresh's Purshade business
Belgian company Tessenderlo’s US subsidiary, Tessenderlo Kerley Inc (TKI - Phoenix, Arizona), has agreed to acquire the crop protection sun screen business and the calcium carbonate-based Purshade product line from US company Purfresh (Fremont, California). TKI will drop a patent infringement lawsuit against Purfresh on completion of the deal, TKI notes. The Purshade business complements TKI’s kaolin-based insect repellent and crop protectant, Surround, which is marketed by its NovaSource unit. TKI acquired Surround from BASF in 2007 ( Agrow No 532, p 2).