Country for PR: United States
Contributor: PR Newswire New York
Tuesday, December 03 2019 - 04:00
AsiaNet
Gowan Company Announces Acquisition of Two New Active Ingredients, Fenamidone and Pencycuron, from Bayer AG
HARPENDEN, England, Dec. 3, 2019 /PRNewswire-AsiaNet/ --

--Company Expanding its Global Fungicide Portfolio 

Gowan Crop Protection Limited, an affiliate of Gowan Company, L.L.C., announced 
today 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(TM), Reason(TM), 
Monceren(TM), and Prestige(TM), and related intellectual property and labels 
for both fungicides. The transactions closed December 1st, 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 USA, Mexico, India, Russia, and Brazil, Fenamidone is a critical tool for 
many growers around the world.  

A cornerstone of Gowan's Muddy Boots philosophy is to help growers combat the 
challenges of pests and diseases. Gowan believes this acquisition will expand 
its core product offering and allow the company to better serve growers' needs. 

About Gowan Company:  Gowan Company, based in Yuma, Arizona, USA, is a 
family-owned developer, registrant and marketer of crop protection products, 
seeds, and fertilizers. Gowan champions technology for agriculture and 
horticulture through innovative product development, public advocacy and 
quality production.

SOURCE: Gowan Company

CONTACT: Danielle Leeper, Gowan Corporate Communications, +1(928) 539-5497, 
dleeper@gowanco.com


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