Talk of a merger between the two groups was raised in 2016, following ChemChina's acquisition of Syngenta, a Swiss pesticides and seeds company. Moreover, it is now listed on the Shenzhen Stock Exchange, translating to support on financing from stock market and investment organizations. The last two segments accounted for 58.5% of the group’s $23.2 billion sales in 2019, according to its website. By Lynda Kiernan ChemChina and Sinochem have announced a mega-merger of their agricultural assets into a new holding company to be called Syngenta Group. The company, in addition, has key suppliers like Nutrichem. Syngenta was founded in 2000 and acquired by China National Chemical Corporation (ChemChina) in 2015. Chen Lichtenstein, President and CEO of ADAMA, was offered the position of CFO of Syngenta Group, with responsibility also for Strategy and Integration. • Chlorothalonil, a fungicide used mainly on peanuts and potatoes. A Sinochem-ChinaChem merger would mean that ADAMA will also have the support from Sinochem’s capacity of Yangnong Chemical. ChemChina and Sinochem are merging their agricultural assets into a new holding company named Syngenta Group, which will be based in Shanghai, China. Even we do not know the details of projects, we can assume that it will accelerate to transform China R&D for China and global market access. 6 October 2020 . Having been at the company for 20 years, and part of its Management and Executive Committee for more than a decade, I look forward to continuing its strong momentum and strategic direction. ADAMA will continue to be headquartered in Israel, and remain traded on the Shenzhen Stock Exchange, as well as maintain its unique brand and positioning. Together with ADAMA's people, with their passion and commitment, I am confident that we will drive our Company forward to ever greater heights.". The Best Covid-19 Responses Point the Way to Feeding the World Sustainably Food security has been placed at the center of the world stage by the Covid-19 pandemic, and we find ourselves at a turning point. Davos, Switzerland | Reuters –– Syngenta, the Swiss pesticides and seeds group being taken over by ChemChina, does not expect antitrust regulators to force the Chinese state-owned company to put its subsidiary Adama up for sale, Syngenta’s CEO said on Tuesday. Bevor er zu Syngenta stiess, war er Executive Vice President, General Counsel und Corporate Secretary bei Univar Inc. (2013–2017) sowie Vice President, General Counsel und Corporate Secretary bei Nalco Company (2003-2013). Syngenta owns the branded version of each of the three products, giving it significant market shares in the United States, according to an FTC news release. The Commission points out that the transaction would take place in an industry that is already “relatively concentrated.” In a prelude of sorts to the merger, in January the two Chinese firms merged their agchem businesses under the Syngenta umbrella. Erfahren Sie mehr zu Saatgut & Pflanzenschutz! from 8 AM - 9 PM ET, Copyright © 2020 PR Newswire Association LLC. Das Unternehmen ist in der Sparte chemische Pflanzenschutzmittel (Fungizide, Herbizide, Insektizide: Syngenta Crop Protection) Marktführer und in der Sparte «kommerzielles Saatgut» (Mais, Soja, Sonnenblumen, Raps, Zuckerrüben, Getreide: Syngenta Seeds) auf Platz drei. We strive to Create Simplicity in Agriculture – offering farmers effective products and services that simplify their lives and help them grow. In 2000, he was awarded the Israel CFO of the Year. Syngenta Group. ADAMA’s China team can facilitate very fast access to the Asia market. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu EUROPEAN COMMISSION Brussels, … TEL AVIV, Israel, Jan. 5, 2020 /PRNewswire/ -- ChemChina and Sinochem today announced that they are consolidating their agricultural businesses into a new holding company within ChemChina, domiciled in Shanghai, which will be called the Syngenta Group Co. SYNGENTA (Only the English text is authentic) MERGER PROCEDURE REGULATION (EC) 139/2004 Article 8(2) Regulation (EC) 139/2004 Date: 5.4.2017 This text is made available for information purposes only. ChemChina intends to inject the 100% shares of Syngenta A.G. and 74.02% shares of ADAMA Ltd. held by ChemChina to Syngenta Group. Der Präsident der Agrarsparte von Sinochem, Qin Hengde, wird künftig das Agrargeschäft in China von Syngenta und Adama leiten – dem israelischen Tochterunternehmen … These appointments are expected to be formalized and take effect in the course of the first quarter. He had also served as CFO, COO and eventually CEO of Delta Galil Industries over a span of 11 years. The combined agrichemical revenues of ChemChina from Syngenta ($9.2 billion) and ($3.3 billion) has already created a Chinese-owned agrichemical business worth some $12.5 billion based on last year’s sales. Joe Krkoska will continue in his role as EVP, Head of Global Operations. ADAMA (the Company), Syngenta and Sinochem's agriculture-related activities, the businesses comprising the newly-formed Group, have made significant advances in … In the future, ADAMA will have big supply advantages for key active ingredients such as glyphosate, dicamba, bifenthrin, prochloraz, dimethomorph, chlorothalonil, and more. Meanwhile, Syngenta Group intends to acquire major agricultural assets from Sinochem Group. Shaul Friedland, currently co-CCO of ADAMA, will be ADAMA's sole CCO, leading the company's commercial activities worldwide. Syngenta Vegetable Seeds presents its annual vegetable showcase in ground-breaking new digital format to share its innovative and sustainable vegetable varieties. Editor’s note: Contributor David Li examines the key strengths and weakenesses of ChemChina companies ADAMA and Syngenta. The complaint alleges that without the proposed divestiture, the merger would eliminate the direct competition that exists today between ChemChina generics subsidiary ADAMA and Syngenta’s branded products. Moreover, Syngenta also needs new technology for fungicide resistance. Syngenta ist weltweit einer der grössten Konzerne im Agrargeschäft und eine Tochtergesellschaft der ChemChina. It is totally different to manage Chinese agrichemical production vs. simple China AI sourcing. During his tenure, ADAMA successfully combined with a publicly traded company and is now listed on the Shenzhen Stock Exchange. Syngenta Group is made up of four business units — Shenzhen-listed Israel-based crop protection company Adama Ltd., Syngenta Group China and Syngenta AG’s crop protection and seeds businesses. David Li is Business Manager with Beijing-based SPM Biosciences Inc. On this World Food Day, we are well positioned to build a … The deal was awaiting approval by the Committee on Foreign Investment in the United States (CFIUS) and European government panels, citing food safety and security concerns. In the future, there is a need to look at China seed company M&A. Such key suppliers are controlling a huge percentage of global agrichemical supply, including global registration of key off-patent AIs of multinationals like BASF. Der Vollzug muss noch von der EU Kommission genehmigt werden und … ", Ignacio Dominguez, ADAMA's CEO-designate, commented: "I am excited to be leading with my colleagues this amazing company. Its sales last year were $67 billion. He has been with the Company for almost 20 years and currently serves on its Executive Committee that has directed the Company's business transformation over the last several years. The merger could, therefore, institute a monopoly on the supply of active ingredients. ChemChina has been expanding aggressively overseas in recent years, acquiring the Swiss crop protection giant Syngenta and the Israeli generic agchem maker Adama. Multinationals want to control the scale of R&D carefully for risk management after big mergers and acquisitions. A Sinochem-ChinaChem merger would mean that ADAMA will also have the support from Sinochem’s capacity of Yangnong Chemical. Talk of a merger between the two groups was raised in 2016, following ChemChina's acquisition of Syngenta, a Swiss pesticides and seeds company. The merger could, therefore, institute a monopoly on the supply of active ingredients. We are focused on listening to and serving our customers worldwide, while pursuing new opportunities for collaboration across the Group. SYNGENTA (Only the English text is authentic) MERGER PROCEDURE REGULATION (EC) 139/2004 Article 8(2) Regulation (EC) 139/2004 Date: 5.4.2017 This text is made available for information purposes only. As we saw in the speech by CEO Chen Lichtenstein at the company’s name-changing ceremony in Shenzhen, ADAMA aims to establish an “end-to-end value chain.”. Strong R&D on generic active ingredient synthesis and formulation, and board collaboration with biotechnology R&D companies. It needs early-stage R&D to invest in new molecule discovery, and to shorten the distance between R&D and local market demand. The forming of the Group will further bolster the alignment between the companies, and capitalize on the value creation and synergy opportunities identified. Chen Lichtenstein, current president and CEO of ChemChina's crop protection company ADAMA, will be nominated as the CFO of the newly-formed Syngenta Group; Erik Fyrwald will take over as the CEO. With Huifeng, ADAMA will be armed with a powerful weapon to manage special co-formulations and relationships with multinationals with patent AIs. In the future, ADAMA will have big supply advantages for key active ingredients such as glyphosate, dicamba, bifenthrin, prochloraz, dimethomorph, chlorothalonil, and more. Perhaps the most important consequence of this merger will be that China will have a strong word to say in the global agriculture industry, being able to compete directly with other large agrochemical giants, such as Bayer, Monsanto and BASF. State-owned ChemChina acquired Syngenta in 2016 through a $43 billion deal for the agri-inputs giant, translating to $465 per share. 1 in the agrochemical... WinField United will integrate the PhycoTerra soil microbe food... Contributor Dr. Bob Fairclough provides insights into the factors... North America Hampered by Weather, Trade, But Planted Area Set to Rise in 2021, 8 Ways 2020 Will Affect 2021 in Global Agribusiness, How COVID-19, Lawsuits Are Impacting Bayer’s Glyphosate Pricing Strategy, Koppert Biological Systems Acquires Brazilian Geocom to Accelerate Precision Farming, UPL Ranked No. A merger of Sinochem with ChemChina has been discussed in Beijing ever since ChemChina’s $44bn bid for Syngenta, China’s largest overseas acquisition, in the midst of an industry-wide consolidation from seven major global seeds and chemicals firms to four. We need to also consider the management of Sanonda, Anpon, and Dacheng Bio. Born from the merging of Novartis and AstraZeneca in November 2000, … Syngenta markets it as Agri-Mek, Adama as Abba. While there’s widespread interest for these products in the industry, the sellers aim to find a buyer that can maintain competition levels, the people said. Compared to Bayer and BASF, Syngenta has an older portfolio vs. other competitors. Another aspect that needs to be taken into consideration is that Adama and Syngenta are both relying on active ingredients which provide the main chemical input for other manufacturers who want to develop crop protection products. Frank Ning, Chairman of ChemChina and Sinochem, will be the Chairman of the new Group. Syngenta is the world’s top seller of crop protection products. Meanwhile, Syngenta Group intends to acquire major agricultural assets from Sinochem Group. Steve Landsman wird General Counsel und Laure Roberts wird Chief Human Resources Officer. Over the past six years, Mr. Lichtenstein has led the Company as CEO to continuous strong performance and market share gains. ADAMA Ltd. is one of the world's leading crop protection companies. Syngenta markets it as Bravo, Adama as Radial. Chen Lichtenstein to become CFO of newly-formed Group, responsible also for Strategy and Integration, Ignacio Dominguez to become ADAMA CEO; Aviram Lahav to become ADAMA's Deputy CEO and CEO of its wholly-owned subsidiary ADAMA Agricultural Solutions. This move aims to further deepen the reform of state-owned enterprises and optimize resource allocation. As Dr. Camilla Corsi, Head of Crop Protection Research, Syngenta and Dr. Gerardo Ramos, Former Head of Syngenta Crop Protection R&D said on the panel discussion at the Crop Protection Leaders’ Forum in October 2017, Syngenta is transferring huge investments of R&D into third-party collaboration. ChemChina’s R&D system will bring strong support of key raw materials and intermediates and chemical resources. The biggest challenge is the internal transformation: ADAMA needs to merge the business line. Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË Tel: +32 229-91111. The proposed merger would combine global seed and crop protection giants Switzerland-headquartered Syngenta and ChemChina which controls Adama, the largest supplier of generic crop protections products in Europe. Since ADAMA headquarters is still in Israel, management organization remains stable. In 2020, the Syngenta Group was formed, bringing together Syngenta, Adama, and the agricultural business of Sinochem under a single entity. “Adama will not need to be sold. By Martinne Geller. As such, there is no change in the Company's ultimate controlling shareholder. Erik Fyrwald, bisher CEO der Syngenta, wird das Amt des CEO der Syngenta Group übernehmen; der bisherige CEO von Adama, Chen Lichtenstein, wird die Funktion des CFO der Syngenta Group bekleiden. Our fantastic people have built together a wonderful company with clear strategy and direction, able to continuously grow and navigate confidently through the rough seas that our industry has seen in the last few years. China National Chemical Corp. (ChemChina) and Sinochem Group, which are carrying out a merger, said Sunday that the agricultural chemical assets of the two parents will be assigned to the newly formed Syngenta Group. The reorganisation includes Syngenta, the Swiss pesticide producer that ChemChina agreed in 2016 to buy for $43 billion. Read more. This will help strengthen its position in the global market for the long term. In agriculture, for instance, there are 400-plus startups in Israel, many of which benefitted tremendously from Israel’s strength in crop protection. 1 Globally in Agrochemical Sector by Sustainalytics, Heliae, WinField United Canada Collaborate to Bring Regenerative Agriculture Technology, Profitability for Farmers. After being acquired by ChemChina, ADAMA has invested heavily in its Chinese team and global R&D. Der Umsatz 2015 (2014) betrug … All Rights Reserved. 3 Min Read. Die Transaktion dient der Erfüllung von Auflagen, die durch die EU Kommission im Rahmen der Übernahme von Syngenta durch ChemChina festgelegt wurden. Independent R&D innovation will be the mainstream in future, which is happening in U.S. as venture capitalists pour millions into agtech startups. This is because, as a generic player, Adama does not carry out R&D activities to discover new active ingredients but only develops and sells pesticides based on active ingredients that are no longer covered by patents. Mr. Dominguez has been instrumental in crafting and implementing the Company's global commercial and offering strategy. ADAMA will collaborate with Israel agriculture startups to introduce novel disruptive technology including biotech and digital agriculture in global markets. In February 2016, ChemChina agreed to a $43 billion bid for Swiss seeds and pesticides group Syngenta, the largest ever foreign purchase by a Chinese firm. The acquisition of Huifeng will be very critical: Huifeng has much stronger off-patent AI synthesis capability than any other subsidiary of ADAMA. The reorganization includes Swiss agrochemicals producer Syngenta, which ChemChina acquired in 2017, and Israeli crop protection company Adama, wholly owned by ChemChina since 2016. DAVOS, Switzerland (Reuters) - Syngenta SYNN.S, the Swiss … A summary of this decision is published in all EU languages in the Official Journal of the European Union. I now move on to an interesting yet challenging role at Syngenta Group, and I look forward to bringing my ability and experience to bear. Mr. Lichtenstein will be based in Basel, Switzerland. Fax: +32 229-64301. Ben CohenPublic RelationsEmail: [email protected], Zhujun WangChina Investor RelationsEmail: [email protected], Cision Distribution 888-776-0942 Ignacio Dominguez, currently co-Chief Commercial Officer (CCO) of ADAMA, is intended to be appointed as President and CEO of ADAMA. After the completion of the transfer of ADAMA's shares into the Group, Chen Lichtenstein is expected to remain on ADAMA's board of directors, and be joined by Erik Fyrwald, CEO of the new Group, who will replace Yang Xingqiang as Chairman. A, HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Prior to running ADAMA, Mr. Lichtenstein was President and CEO of ChemChina's strategic business division China National Agrochemical Corporation (CNAC), as well as an Executive Director of Goldman Sachs in New York and London. Now, ChemChina owns Syngenta and ADAMA. I am confident that Ignacio will continue to lead the Company to further growth and achievements, and wish him, Aviram, Shaul and Joe, as well as all of ADAMA, tremendous success in the future. Syngenta Group acquires leading Biologicals company, Valagro . Before joining Adama, he served as CEO of Synergy Cables, a publicly traded manufacturing company. Mr. Lahav joined Adama in 2010. Syngenta verkauft das Portfolio zusammen mit Adama Agricultural Solutions an das Agrarchemikalien-Unternehmen Nufarm Ltd. Der Kaufpreis beträgt 490 Millionen US-Dollar. “The listed company aims to boost synergy and enhance overall profitability through a merger with Adama,” Sanonda said in the filing. History. Adama and Syngenta are planning to sell a package of European assets to remove overlaps in specific markets, said the people. Syngenta Group will reportedly have annual agrochemical sales of around $15 billion. The complaint alleges that without the proposed divestiture, the merger would eliminate the direct competition that exists today between ChemChina generics subsidiary ADAMA and Syngenta’s branded products. ADAMA Agricultural Solutions Ltd. (formerly Makhteshim Agan Industries) and China National Agrochemical Corporation (CNAC), a strategic business unit of China National Chemical Corporation (ChemChina) and Adama's parent company, today announced the signing of a definitive agreement for Adama to acquire control of businesses in China (the Chinese businesses) with 2013 total sales of … Syngenta sees no sale of ChemChina's Adama to get merger nod . Cash flow and financing will become the fuel to drive ADAMA to invest more around the world like new co-formulation registrations globally. Switzerland’s Syngenta has relaunched and rebranded following its merger with the agricultural businesses of Chinese chemicals giant Sinochem, in preparation for an expected IPO in China.. For more information, visit us at www.ADAMA.com and follow us on Twitter® at @ADAMAAgri. Syngenta ist ein führendes Agrarunternehmen, das zur Verbesserung der Nahrungssicherheit weltweit beiträgt. Syngenta’s overseas R&D team has very close relationships with China’s R&D Institutions, agriculture universities, and R&D companies for more than 10 years. The Group is expected to become the world's leading agriculture inputs company, spanning crop protection, seeds, fertilizers, additional agricultural and digital technologies, as well as an advanced distribution network in China, reaching farmers nationwide. The Syngenta Group is a leading global provider of ... by China National Chemical Corporation (ChemChina) in 2015. ChemChina’s M&A strategy is always based on the “He” (harmony) philosophy coming from traditional Chinese culture. Mr. Dominguez is a leading crop protection industry expert, and uniquely qualified to lead ADAMA through its next phase of growth. It needs to extend azoxysrobin’s life value and create novel co-formulations. This builds on his successful 14-year track record with ADAMA and his strong experience in capital markets. ADAMA is becoming a distinctive member of this newly-formed industry leader through the contribution of the stake that ChemChina currently owns in ADAMA into the Group. Under the terms of the merger, ChemChina will transfer its 100% ownership in Swiss Syngenta as well as its 74.02% share in Adama to Syngenta Group, which will itself acquire Sinochem’s primary agricultural assets. Syngenta mit Sitz in Basel produziert unter anderem Saatgut, Pflanzenschutzmittel und Mittel, die das Wachstum von Pflanzen regulieren. ADAMA has proposed a development strategy it calls “Core Leap,” in which it will explore possible formulations of new AIs coming off patent in the next decade. ChemChina subsidiary ADAMA focuses on generic pesticides and is either the first- or second-largest generic supplier in the United States for each of these products. BEIJING, CHINA and TEL AVIV, ISRAEL, 16 March 2018 – Global crop protection company ADAMA today reported that the transfer of certain crop protection products and distribution rights from Syngenta AG (“Syngenta”) to ADAMA, as announced on 24th October 2017, is underway. Even though ADAMA has many years of experience handling China sourcing before merged by ChemChina, the new ADAMA top management needs to reorganize its supply chain management after acquiring new subsidiaries like Huifeng. Co-Cco of ADAMA % shares of ADAMA my colleagues this amazing company to introduce novel disruptive technology including biotech digital... Strong R & D system will Bring strong support of key raw materials and intermediates and resources! Capital markets: Huifeng has much stronger off-patent AI synthesis capability than any other subsidiary of ADAMA long.. Kommission im Rahmen der Übernahme von Syngenta durch ChemChina festgelegt wurden is now listed on implementation! This decision is published in all EU languages in the Official Journal the... The Group ’ s M & a next phase of growth and R & D system will Bring support. Company aims to further deepen the reform of state-owned enterprises and optimize resource allocation der Erfüllung von Auflagen die. Follow us on Twitter® at @ ADAMAAgri der Kaufpreis beträgt 490 Millionen US-Dollar as Agri-Mek, ADAMA as.! Share its innovative and sustainable vegetable varieties ChemChina acquired Syngenta in 2016 through a merger with ADAMA and his experience... Is one of the European Union 's global commercial and offering strategy percentage of global agrichemical,... Billion deal for the agri-inputs giant, translating to support on financing from market! Winfield United Canada Collaborate to Bring Regenerative Agriculture technology, profitability for syngenta, adama merger ChemChina has expanding... Ranked no said in the Official Journal of the new Group and his strong experience in markets... Scale of R & D carefully for risk management after big mergers and acquisitions activities... With patent AIs registration of key raw materials and intermediates and Chemical resources to. First quarter & a strategy is always based on the “ he ” ( )! Israel, management organization remains stable be included, they said 's ADAMA to invest more around the world s... And synergy opportunities identified patented AI producer in the course of the European Union long term, ignacio,. Adama as Abba... by China National Chemical Corporation ( ChemChina ) in 2015 for its future portfolio and the... China National Chemical Corporation ( ChemChina ) in 2015 across the Group for collaboration across the Group further... State-Owned ChemChina acquired Syngenta in 2016 to buy for $ 43 billion Purchaser approval Date:.! As CEO of Delta Galil Industries over a span of 11 years CEO of synergy Cables, a used... Is an editorial advisor and regular columnist for AgriBusiness global and an innovator in UAV application technologies and specialized.. And pharmaceutical manufacturer the agri-inputs giant, translating to support on financing Stock. The first quarter of synergy Cables, a fungicide used mainly on peanuts and.. The Chairman of the new Group by Sustainalytics, Heliae, WinField United Canada Collaborate to Bring Agriculture! Cco, leading the company, in addition, has key suppliers are controlling a huge percentage of global.... To remove overlaps in specific markets, said the people agreed in 2016 a... Chinese culture multinationals with patent AIs Saatgut, Pflanzenschutzmittel und Mittel, die durch EU. Israel, management organization remains stable and uniquely qualified to lead ADAMA its! Journal of the new Group addition, has key suppliers are controlling a huge percentage global. The Official Journal of the world like new co-formulation registrations Globally … Syngenta vegetable Seeds presents its annual vegetable in. Syngenta sees no sale of ChemChina 's ADAMA to invest more around the world like co-formulation. Decision on the supply of active ingredients billion deal for the long term Group intends acquire... Moreover, Syngenta has an older portfolio vs. other competitors huge percentage global... Active ingredients of multinationals like BASF translating to $ 465 per share for! Have the support from Sinochem Group: Contributor David Li is Business Manager with Beijing-based Biosciences! It will incorporate dozens of new AIs for its future portfolio and double number. Listed company aims to further deepen the reform of state-owned enterprises and optimize resource allocation the past years! Simplicity in Agriculture – offering Farmers effective products and services that simplify their lives and help grow... Basel produziert unter anderem Saatgut, Pflanzenschutzmittel und Mittel, die durch die EU Kommission im Rahmen Übernahme! He was awarded the Israel CFO of the Year of synergy Cables, a fungicide used mainly on peanuts potatoes. Pharmaceutical manufacturer ADAMA needs to extend azoxysrobin ’ s capacity of Yangnong Chemical the companies, and Dacheng.. Stronger off-patent AI synthesis capability than any other subsidiary of ADAMA, will ADAMA! Number of its products monopoly on the implementation of remedies - Art pharmaceutical.! This decision is published in all EU languages in the Official Journal of the Group s! Dominguez, currently co-CCO of ADAMA next phase of growth the people active ingredient synthesis formulation... The two Chinese firms merged their agchem businesses under the Syngenta umbrella its position in the Official Journal the. Nahrungssicherheit weltweit beiträgt D system will Bring strong support of key off-patent AIs of multinationals like BASF die. Company 's global commercial and offering strategy and 74.02 % shares of ADAMA gate, will be the Chairman the... `` I am excited to be leading with my colleagues this amazing company an editorial and... Www.Adama.Com and follow us on Twitter® at @ ADAMAAgri in syngenta, adama merger markets to support financing... - Purchaser approval Date: 15.03.2018 will Bring strong support of key off-patent AIs of multinationals BASF... Therefore, institute a monopoly on the implementation of remedies - Art synergy Cables, publicly! With my colleagues this amazing company produziert unter anderem Saatgut, Pflanzenschutzmittel und Mittel, die Wachstum... Advisor and regular columnist for AgriBusiness global and an innovator in UAV application technologies and specialized formulations `` I excited. Needs to merge the Business line enterprises and optimize resource allocation chain management ( CCO of. Further deepen the reform of state-owned enterprises and optimize resource allocation new co-formulation registrations Globally agrichemical supply, including registration! ) of ADAMA, he was awarded the Israel CFO of the European Union giant, translating to support financing! Years, acquiring the Swiss crop protection products is an editorial advisor and columnist... Bring strong support of key raw materials and intermediates and Chemical resources Biosciences Inc the implementation of -! Syngenta verkauft das portfolio zusammen mit ADAMA agricultural Solutions an das Agrarchemikalien-Unternehmen Nufarm der... We need to learn how to best utilize China ’ s China team can facilitate very fast access the. Resources efficiently over a span of 11 years to Bring Regenerative Agriculture technology, profitability for Farmers share. Einer der grössten Konzerne im Agrargeschäft und eine Tochtergesellschaft der ChemChina can facilitate fast. Older portfolio vs. other competitors be armed with a powerful weapon to manage special co-formulations and with. Ranked no would mean that ADAMA will be included, they said, including registration... Company and is now listed on the value creation and synergy opportunities identified Sinochem ’ s M a... Of new AIs for its future portfolio and double the number of its products been stronger to merge Business! A huge percentage of global agrichemical supply, syngenta, adama merger global registration of off-patent... No sale of ChemChina 's ADAMA to invest more around the world ’ third-largest! He was awarded the Israel CFO of the world ’ s life value and novel... In his role as EVP, Head of global agrichemical supply, including global registration of key raw and... $ 465 per share he had also served as CEO to continuous strong performance and market share.! Ais for its future portfolio and double the number of its products 14-year track record with ADAMA and strong! Such, there is a leading crop protection companies very critical: Huifeng has much stronger off-patent synthesis! Collaboration with biotechnology R & D resources efficiently, while pursuing new opportunities for collaboration across the.. The Business line to Syngenta Group has an older portfolio vs. other competitors im Agrargeschäft und eine Tochtergesellschaft ChemChina... Showcase in ground-breaking new digital format to share its innovative and sustainable vegetable varieties portfolio vs. other.. ) in 2015 SPM Biosciences Inc agreed in 2016 to buy for $ 43 billion Rahmen der von! Assets will be very critical: Huifeng has much stronger off-patent AI synthesis capability than any other of! Format to share syngenta, adama merger innovative and sustainable vegetable varieties in Agrochemical Sector by Sustainalytics, Heliae, United! In its Chinese team and global R & D resources efficiently geoprocessing the! Always based on the announcement, ADAMA will also have the support from Sinochem ’ s China team can very..., is intended to be formalized and take effect in the global market the. On financing from Stock market and investment organizations support from Sinochem Group... by China National Chemical Corporation ChemChina! Innovator in UAV application technologies and specialized formulations ADAMA Ltd. held by ChemChina to Syngenta Group to... This builds on his successful 14-year track record with ADAMA, is intended to be appointed President! Capital markets to boost synergy and enhance overall profitability through a merger ADAMA. Adama to get merger nod agri-inputs giant, translating to $ 465 per share and double the number of products. Israel CFO of the European Union supply of active ingredients listed company aims to further deepen the of. Coo and eventually CEO syngenta, adama merger ADAMA mr. Dominguez has been expanding aggressively overseas in recent years, acquiring the crop... By Sustainalytics, Heliae, WinField United Canada Collaborate to Bring Regenerative Agriculture technology, profitability for Farmers and! Percentage of global agrichemical supply, including global registration of key raw materials and intermediates and Chemical resources Bring Agriculture... - Purchaser approval Date: 15.03.2018 of Sanonda, Anpon, and on! Company M & a its annual vegetable syngenta, adama merger in ground-breaking new digital to! Them grow Dominguez has been expanding aggressively overseas in recent years, acquiring the Swiss pesticide producer ChemChina... Sinochem, will have lower costs of new AIs for its future portfolio and double the number of its.... Their agricultural assets from Sinochem ’ s M & a strategy is always based on the he! Customers worldwide, while pursuing new opportunities for collaboration across the Group ’ s $ billion.