FMC sell Brazilian generic crop protection subsidiary Albaugh
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FMC to sell Brazilian generic crop protection subsidiary to Albaugh

5:58 AM, 12th September 2015
FMC to sell Brazilian generic crop protection subsidiary to Albaugh

PHILADELPHIA, US: FMC Corporation said it has entered into a definitive agreement to sell Consagro Agroquimica Ltda, its Brazilian generic crop protection distribution and sales subsidiary to Atanor do Brasil Ltda, the Brazilian subsidiary of Albaugh LLC.

Terms of the agreement will not be disclosed. Closing will occur after review by regulatory authorities.

“The sale of Consagro is part of our broad strategy to focus on our portfolio of valued-added products, especially with the addition of the Cheminova product line in Brazil. Consagro is an ideal fit for Albaugh, which is known as a premier supplier of post-patent agrochemical products,” said Mark Douglas, president, FMC agricultural solutions.

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