Tuesday, October 21, 2014

Home News Scotts and Valent make a deal

Scotts and Valent make a deal

Supplier News

Valent divests its Green Light Company assets.

| April 12, 2012

WALNUT CREEK, Calif.— Valent U.S.A. Corp. announced today an agreement with The Scotts Co., which includes a collaborative supply agreement on key active ingredients for the outdoor consumer lawn and garden market in the United States. Terms of the agreement were not disclosed.

As part of the arrangement, Scotts will acquire certain assets of Valent subsidiary (dba) the Green Light Company, including trademarks for the Green Light brand family: Amaze Grass & Weed Preventer2, Super Bloom, Rose Defense, Conquest Insecticide Concentrate and Yard Safe Insect Repellent, among others.
 
The existing Green Light products, pricing, programs, promotions and processes are expected to transition from Valent to Scotts over the next few months and remain unchanged for the remainder of the 2012 program year.
 
“As a wholly owned subsidiary of Sumitomo Chemical Company, Limited, Valent has an innovative, growing portfolio of active ingredients and proprietary formulations which are appropriate for many market segments. In the case of the U.S. consumer lawn and garden business, Scotts offers excellent market access and the ideal business opportunity for cooperation,” said Andy Lee, Valent chief operating officer.

“This divestiture allows us to sell our proprietary products directly to Scotts and continue to access the important consumer lawn and garden business, while also allowing us to focus on our rapidly growing core business: providing innovative technology to professional and agricultural markets. It also signals our willingness to enter strategic partnership agreements with companies recognizing the value of our best-in-class products.”

 

Top news

Kubota enters skid-steer market

The two models, introduced at its national dealer day, will be available in May of 2015. The company also announced three new zero-turn models.

EAB may have spread to different tree

The invasive pest appears to be attacking more than ash trees.

Tweets, winning, drinks!

The L&L and STIHL social media awards will recognize the best in the industry.

Shake your eight ball

We look at seven of the top concerns and trends facing landscapers as they face 2015.

Command your troops

When it comes to subcontracting, controlling the process can prevent an unwelcome customer defeat.

x