Chemtura Acquires Farmer-Applied Seed Treatment Products with Acquisition of Trace Chemicals Business
Chemtura is rounding out its portfolio by acquiring Trace Chemicals, providing farmer-applied seed treatments in the USA market.
"This is a strategic acquisition for our Crop Protection business," said Marcus Meadows-Smith, Chemtura's executive vice president of Crop Protection and Consumer Products. "The acquisition of Trace expands our offerings in this important niche market by providing immediate access to a high-quality product portfolio."
The transaction includes the acquisition of the Trace seed treatment product line and a 14-person formulation operation in Pekin, Ill., as well as access by Chemtura to certain Bayer CropScience active ingredients, registrations and trademarks.
Other news from the department business & finance
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.