Key Takeaways:
- Gowan Crop Protection Ltd. has acquired global rights to the active ingredient cyromazine from Syngenta Crop Protection AG.
- The acquisition, first announced on Agribusiness Global, includes trademarks such as TRIGARD and LEPICRON but excludes CITATION for ornamentals.
- A collaborative transition plan aims to maintain high customer service standards, with a future transfer of US crop protection and seed treatment products.
- Cyromazine, an effective IRAC Group 17 insecticide, is crucial for controlling global pests like leaf miners in various vegetables.
- The acquisition aligns with Gowan’s commitment to enhance vegetable crop protection offerings and better serve growers’ needs.
Gowan Crop Protection Acquires Cyromazine Rights from Syngenta, as Reported by Agribusiness Global
Acquisition Overview
As reported by Agribusiness Global, Gowan Crop Protection Ltd., an affiliate of Gowan Company, L.L.C., has acquired cyromazine from Syngenta Crop Protection AG. This deal, concluded on December 28, 2023, transfers product registrations, trademarks including TRIGARD and LEPICRON, related intellectual property, and labels to Gowan. Notably, the transaction does not cover the CITATION trademark for ornamental applications.
Transition and Service Continuity
Gowan and Syngenta have planned a cooperative transition period over the upcoming months to ensure uninterrupted quality customer service. US crop protection and seed treatment products will be transferred in the next few years. The financial terms of the acquisition have not been disclosed.
Cyromazine’s Role in Agriculture
Cyromazine, classified as an IRAC Group 17 insecticide, is known for its unique action as a molting disruptor in Dipteran species, effectively targeting pests like leaf miners. Its significance in global vegetable cultivation is marked by its widespread use and minimal impact on non-target organisms.
Strategic Implications for Gowan
This acquisition is a strategic move for Gowan Crop Protection, fitting well within its Muddy Boots philosophy. The company aims to strengthen its product lineup in the vegetable sector, thereby enhancing its support for growers and distributors in combating crop infestations.
