M&A Deal Summary

Sun Gro Horticulture Acquires Conrad Fafard

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2012-06-12
Target Conrad Fafard
Sector Chemicals
Buyer(s) Sun Gro Horticulture
Sellers(s) Syngenta AG
Deal Type Divestiture

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 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 STATS #
Overall 2 of 5
Sector: Chemicals M&A 2 of 3
Type: Divestiture M&A Deals 2 of 5
State: Massachusetts M&A 1 of 1
Country: United States M&A 2 of 3
Year: 2012 M&A 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