Syngenta to acquire DuPont Professional Products
Syngenta is to acquire DuPont’s turf, ornamentals and home insecticides business, DuPont Professional Products, for $125 million. The acquisition will include a number of employees and the brands: Advion, Arilon and Provaunt (all indoxacarb); and Acelepryn, Altriset and Calteryx (all chlorantraniliprole - trade-marked as Rynaxypyr). Syngenta will also have exclusive supply and licensing of related active ingredients and formulated products from DuPont. It will also receive a licence under DuPont’s patents and know-how for indoxacarb, chlorantraniliprole and cyantraniliprole (trade-marked as Cyazypyr) related to their use in the professional products market. DuPont will continue to manufacture indoxacarb, chlorantraniliprole, cyantraniliprole and market products containing these active ingredients, such as Coragen and Prevathon, in other markets.