Nufarm, Sumitomo sign non-exclusive distribution contract in Italy

Nufarm, Sumitomo sign non-exclusive distribution contract in Italy

7:01 AM, 12th July 2012
Nufarm, Sumitomo sign non-exclusive distribution contract in Italy

VICTORIA, AUSTRALIA/ TOKYO, JAPAN: Nufarm Italia has signed a non-exclusive distribution contract with Sumitomo Chemical Italia. The new arrangements will take effect from 1 August 2012. This new collaboration will enable Sumitomo Chemical Italia to enlarge their distribution with access to all Nufarm Italia’s crop protection portfolio for crop uses in Italy, except for seed treatment, while Nufarm’s revenues of branded product sales in Italy will grow further with the benefit of this additional support from Sumitomo Chemical Italia which has a large sales organisation and broad access to distribution within the Italian market.

“Since a capital tie-up in April 2010, Nufarm and Sumitomo Chemical have expanded successful distribution collaborations in 19 countries in the world, including Italy. This new distribution collaboration in Italy will be one of the most significant collaborations, and we hope it will provide further strength in the crop protection chemicals business in Sumitomo Chemical Italia,” said Ray Nishimoto, Managing Executive Officer, Sumitomo Chemical.

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