Nufarm/Sumitomo ink Italian deal
Nufarm’s and Sumitomo Chemical’s Italian businesses have agreed a non-exclusive agrochemical distribution deal in the country. Sumitomo Chemical Italia will gain access to all Nufarm Italia’s crop protection products except for seed treatments from August 1st. Nufarm expects higher sales from the deal, citing benefits from Sumitomo’s large national distribution network. Sumitomo Chemical managing executive officer Ray Nishimoto has praised the collaborations between the companies since a “capital tie up” in 2010 ( Agrow No 587, p 2). The companies have agreements across 19 countries including Italy.