Divestiture • Chemicals

Sumitomo Chemical Acquires Nufarm - Four South American Subsidiaries

On September 30, 2019, Sumitomo Chemical acquired chemicals company Nufarm - Four South American Subsidiaries from Nufarm

Acquisition Context
  • This is Sumitomo Chemical’s 12th transaction in the Chemicals sector.
  • This is Sumitomo Chemical’s 1st transaction in Brazil.

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M&A Deal Summary

Date September 30, 2019
Target Nufarm - Four South American Subsidiaries
Sector Chemicals
Buyer(s) Sumitomo Chemical
Sellers(s) Nufarm
Deal Type Divestiture

Target Company

Nufarm - Four South American Subsidiaries

Brazil
Nufarm Ltd. - Four South American Subsidiaries in Brazil, Argentina, Chile, and Colombia which provides crop protection services to increase global food demand.
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Buyer Overview 1

Buyer

Sumitomo Chemical

Tokyo, Japan

Category Company
Founded 1913
Sector Chemicals
Employees29,279
Revenue 2.61T JPY (2025)
DESCRIPTION

Sumitomo Chemical is a manufacturer of fertilizers from sulfur dioxide emitted from smelting operations at the Besshi copper mine. The company engages in the Petrochemicals & Plastics Sector, Energy & Functional Materials Sector, IT-related Chemicals Sector, Health & Crop Sciences Sector, Pharmaceutical Sector, and Others. Sumitomo Chemical was founded in 1913 and is based in Tokyo, Japan.


Deal Context for Buyer #
Overall 15 of 16
Sector: Chemicals 12 of 13
Type: Divestiture 5 of 5
Country: Brazil 1 of 1
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-31 Tanaka Chemical

Fukui, Japan

Tanaka Chemical is engaged in the business of cathode materials for small, high-performance rechargeable batteries for smartphones, laptop PCs, etc., such as lithium-ion secondary batteries and nickel-metal hydride secondary batteries, as well as those for medium and large-sized secondary batteries that are key components of environmentally friendly vehicles, including hybrid cars and electric cars.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-31 Conagen

Bedford, Massachusetts, United States

Conagen, Inc. is an accomplished biotechnology company located in the greater Boston biotech corridor. The company innovates and develops synthetic biology solutions for supporting global partners across a spectrum of current and developing markets. From its proprietary strain development to fermentation and scaling up, Conagen impacts partners’ abilities to sell and market products in the food, nutrition, flavor and fragrance, pharmaceutical, and renewable materials industries. Conagen was formed in 2010 and is based in Bedford, Massachusetts.

Buy -

Seller Profile 1

SELLER

Nufarm

Laverton North, Australia

Category Company
Founded 1916
Sector Chemicals
Employees3,109
Revenue 3.3B AUD (2024)
DESCRIPTION

Nufarm is a crop protection and specialist seeds company that produces products to help farmers protect their crops against damage caused by weeds, pests and disease. Nufarm was founded in 1916 and is based in Laverton North, Australia.


Deal Context for Seller #
Overall 2 of 2
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
Country: Brazil 1 of 1
Year: 2019 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-19 Flower Genetics

Woodland, California, United States

Flower Genetics LLC is a primary source of proprietary sunflower genetics research, plant breeding, and seed production services for customers around the world who seek to license joint or wholly developed oilseed and confectionery sunflower hybrids.

Buy -

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