Arysta LifeScience Obtains Equity Position in Plant Impact

Posted by Matt Hopkins|25 May 2011

Arysta LifeScience has acquired an equity position in Plant Impact plc, according to a press release.

The companies have also entered into two commercial agreements. The first agreement covers the development of Plant Impact’s PiNT technology in the turf and ornamental markets in the US, including the large US professional golf market.

The second agreement covers the development of Plant Impact’s InCa & PiNT technologies for use in horticulture in Brazil, where they will complement the Arysta LifeScience biostimulant and plant nutrient portfolio, according to the release.

“We are pleased to be investing in Plant Impact at this crucial stage in its development and see substantial growth opportunities ahead,” said Paula Pinto, global head of marketing, Arysta LifeScience in a prepared statement. “We look forward to working with Plant Impact on the evaluation and commercialization of these innovative products in the turf and ornamental markets in the U.S. and the horticultural market in Brazil.”

Arysta LifeScience and Plant Impact have said they will continue to work together to evaluate other opportunities in a number of emerging markets, such as Africa, Asia and Latin America, according to the companies.