Source: Makhteshim Agan Group

The Makhteshim Agan Group announced that it will acquire DuPont Crop Protection's global non-mixture diuron business. Financial terms of the agreement were not disclosed.

According to the purchase agreement, MAI will receive rights, registrations and supporting regulatory data for all of DuPont's non-mixture diuron herbicides, including its industry-leading DuPont Direx and Karmex brands. The acquisition will enhance the company's global product offering and broaden its market reach in North America, Brazil and Asia Pacific regions. Excluding potential synergies, the acquired products are expected to generate additional annual sales of around $35 mm to MAI in the first year. 

Original news release