Gowan Acquires Two New Active Ingredients from Bayer AG
Gowan Crop Protection Ltd., an affiliate of Gowan Co., L.L.C., has announced that it has entered into agreements with Bayer AG to acquire rights to the active ingredients fenamidone and pencycuron. The acquisition includes product registrations and trademarks including Consento, Reason, Monceren, and Prestige, and related intellectual property and labels for both fungicides. The transactions closed December 1, although Bayer and Gowan will work together over the next several months to facilitate an orderly hand-off and to maintain quality customer service in all geographies. The financial terms of the agreements were not disclosed.
Pencycuron is a foliar and seed treatment product for the control of diseases originating from Rhizoctania solani in various crops including cotton, rice, potatoes, turf, and vegetables. It has broad presence in Japan, Brazil, India, and Russia, among other countries.
Fenamidone is a product for control of diseases originating from water molds or the oomycetes class of fungi, key among them being downy mildew, late blight and early blight on grapes, vegetables, potatoes, and ornamentals. With sales in the U.S., Mexico, India, Russia, and Brazil, fenamidone is a critical tool for many growers around the world.
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