Gowan Acquires Rights To Dow Products
November 15, 2010 Gowan Co., LLC has reached an agreement with Dow AgroSciences LLC to acquire the rights to M-Pede insecticide/fungicide and Scythe herbicide.
M-Pede is an OMRI-certified insecticide/fungicide that controls aphids, thrips, and mites on a variety of crops including vegetables, grapes, tree fruits, tree nuts, cotton, and ornamentals. Scythe is a non-selective herbicide used for controlling a broad spectrum of weeds.These purchases are an excellent addition to Gowan Co.’s line of crop protection products, and allow Dow AgroSciences to focus resources on priority solutions in its agricultural chemical portfolio, especially new molecules in the launch phase, as well as its growing biotechnology portfolio.
"This is part of Dow AgroSciences’ ongoing portfolio management activities to maximize value and further our global growth strategy," says Pierre Flye Sainte Marie, global business leader for growth insecticides at Dow AgroSciences.
"The acquisition of M-Pede and Scythe will enhance Gowan Co.’s continued efforts to provide IPM solutions to growers around the world. The addition of these two products combined with Gowan’s Aza-Direct brand solidifies our commitment to building a strong Green platform," says Sergio Comparini, Gowan Co. business development manager.
Financial terms of the agreement were not disclosed.
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