Divestiture • Chemicals

Sun Gro Horticulture Acquires Conrad Fafard

On June 12, 2012, Sun Gro Horticulture acquired chemicals company Conrad Fafard from Syngenta AG

Acquisition Context
  • This is Sun Gro Horticulture’s 1st transaction in the Chemicals sector.
  • This is Sun Gro Horticulture’s 1st transaction in the United States.
  • This is Sun Gro Horticulture’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date June 12, 2012
Target Conrad Fafard
Sector Chemicals
Buyer(s) Sun Gro Horticulture
Sellers(s) Syngenta AG
Deal Type Divestiture

Target Company

Conrad Fafard

Agawam, Massachusetts, United States
Conrad Fafard, Inc. produces and distributes peat- and bark-based professional mixes, retail potting soils, peat moss and additive fertilizer growing media solutions to enhance the performance of flowers, shrubs and plants in professionally landscaped and consumer environments.
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Buyer Overview 1

Buyer

Sun Gro Horticulture

Agawam, Massachusetts, United States

Category Company
Sector Agriculture
DESCRIPTION

Sun Gro is a producers of peat in North America and the largest distributor of peat moss and peat-based growing media products to the North American professional plant growers market.


Deal Context for Buyer #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
State: Massachusetts 1 of 1
Country: United States 1 of 1
Year: 2012 1 of 1

Seller Profile 1

SELLER

Syngenta AG

Basel, Switzerland

Category Company
Founded 1999
Sector Chemicals
Employees28,000
Revenue 13.4B USD (2015)
DESCRIPTION

Syngenta is a global provider of chemicals and herbicides to enhance crop yields. Syngenta was formed in 1999 and is based in Basel, Switzerland.


Deal Context for Seller #
Overall 2 of 5
Sector: Chemicals 2 of 3
Type: Divestiture 2 of 5
State: Massachusetts 1 of 1
Country: United States 2 of 3
Year: 2012 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-01 Syngenta AG - Material Protection Business

United States

Syngenta AG - Material Protection Business is a provider of biocides for construction materials.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-19 Pasteuria Bioscience

Alachua, Florida, United States

Pasteuria Bioscience, Inc. is involved in commercializing a biological solution to nematode control, a unmet agricultural pest problem. The company has producing an in-vitro form of a pathological parasite for particular species of harmful nematodes. The company is currently focused on scaling up the in-vitro production process to commercial levels.

Buy $86M