Tessenderlo Group
subsidiary
Tessenderlo Kerley, Inc. (TKI) and DuPont Crop Protection announced Oct. 1 an agreement for TKI to acquire certain DuPont business assets associated with hexazinone and hexazinone/diuron-only products.
Hexazinone is a herbicide used on alfalfa, blueberries, pineapples and sugarcane.
The agreement includes the sale of the Velpar, Pronone and Advance trademarks as well as certain know-how, registrations and supply agreements with third parties.
The sale does not include any assets in Brazil.
"This acquisition is another step for the NovaSource crop protection division of TKI to improve its position in the niche crop protection industry," TKI Group Vice President David Cassidy said. "These products enable NovaSource to add new distribution both in North America and in Asia."
Financial terms of the sale were not disclosed.
"This agreement is another step in the execution of our DuPont Crop Protection business growth strategy," DuPont Crop Protection President Tim Glenn said. "This continues to enhance our focus on innovative new product offerings for our customers."
DuPont is a worldwide company that specializes in innovated products, materials and services in the science and engineering fields. It works with customers, governments, NGOs and other leaders to discover solutions to global hunger, the overuse of fossil fuels and protecting the environment.
Tessenderlo Group specializes in food, agriculture, water management and valorizing bioresiduals.
More Stories
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Announces one Vacancy on the Citrus Pest and Disease Prevention Committee
- AMERICAN FARM BUREAU FEDERATION: Support Ag Literacy Through the AFB Foundation for Agriculture’s Online Silent Auction
- AMERICAN FARM BUREAU FEDERATION: Farm Bureau: Members Accept Leadership Roles on National Committees
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Office of the Farm to Fork Invites Application for 2021 Farm to School Grants
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Awards Funding to Support Agricultural Education and Leadership Opportunities as part of the Calag Plate Program
- AMERICAN FARM BUREAU FEDERATION: AFBF Welcomes Nomination of Katherine Tai for U.S. Trade Representative
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CDFA Announces Vacancies on Feed Inspection Advisory Board Technical Advisory Subcomittee
- AMERICAN FARM BUREAU FEDERATION: AFBF Stands-Up for Farmers in Predatory Shakedown
- CALIFORNIA DEPARTMENT OF FOOD & AGRICULTURE: CFDA Issues Stop Use Notice and Statewide Quarantine on Organic Fertilizer AGRO Gold WS
- AMERICAN FARM BUREAU FEDERATION: Registration Open for American Farm Bureau Virtual Convention, Featuring Mike Rowe, Rorke Denver and Beth Ford