Syngenta Group to Merge Flowers Business with Dümmen Orange in Strategic Joint Venture

Key Takeaways

• Syngenta Group has signed an agreement to divest its Flowers business into a strategic joint venture with Dümmen Orange, combining two global leaders in ornamental breeding and propagation.
• Both boards of directors have approved the deal; completion is subject to regulatory approvals, and Syngenta Group will retain a significant economic interest in the joint venture.
• The combined entity will bring together Dümmen Orange's expertise in cut flowers and Syngenta's leadership in seed varieties, plus complementary annual, perennial, and potted plant portfolios built over decades.
• The joint venture will integrate advanced R&D capabilities, optimised production processes, and expanded commercial networks to improve efficiency and customer service globally.
• The new company's name has not yet been announced; Rabobank advised Syngenta and UBS advised Dümmen Orange on the transaction.

Syngenta Group to Merge Flowers Business with Dümmen Orange in Strategic Joint Venture

Syngenta Group has signed an agreement to divest its Flowers business into a joint venture with Dümmen Orange, a global specialist in ornamental breeding and propagation. The transaction brings together two established players in the ornamental horticulture industry, with both companies' boards of directors having formally approved the deal. Closing remains subject to any necessary regulatory approvals. Syngenta Group will retain a significant economic interest in the new combined entity, which will be named at a later date.

Combining Complementary Portfolios Across Ornamental Horticulture

The joint venture will unite Dümmen Orange's established expertise in cut flowers with Syngenta's leadership in seed varieties, alongside the annual, perennial, and potted plant portfolios both companies have developed over decades. The combined business intends to integrate R&D capabilities, optimise production processes, and expand commercial networks to better serve growers worldwide. Syngenta describes the move as consistent with its broader strategy to concentrate future investment in core crops and markets with the strongest growth potential.

“We're proud of the 120-year legacy of our Syngenta Flowers business, and this joint venture allows us to continue honoring that legacy of innovation and passion that our colleagues built over the years. This decision also aligns with Syngenta's commitment to focus future investments in core crops and markets where we have the biggest growth opportunities,” said Matthew Johnston, Global Head of Syngenta's Vegetable Seeds and Flowers business.

Transaction Advisors and Next Steps For Syngenta & Dümmen Orange

Rabobank served as exclusive financial advisor to Syngenta on the transaction, while UBS acted as exclusive financial advisor to Dümmen Orange and its shareholders. The combined entity aims to advance the ornamental horticulture industry and deliver value to employees, customers, and shareholders. The new company's name is expected to be confirmed following deal closure.