Thursday, September 18, 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

Door to Door Sales Today: It’s not your parents’ sales approach

This old-school sales tactic can bring new vigor to your lawn care business.

EPA settles with DuPont

The company will pay a penalty to resolve alleged violations of pesticide reporting and distribution laws.

The dangling carrot

Eric Barrett uses incentives to keep his workers motivated and his company growing.

See ya, summer

With the warmer weather fading, LCOs across the country are preparing to treat turf for the fall.

National Mall Day of Service

NHLA participated in the event, hosted by the Trust for the National Mall.

x