Verdesian acquires Plant Syence

April 22, 2013 -  By

Verdesian Life Sciences has acquired all of the assets of Plant Syence and its affiliates. Financial terms of the transaction were not disclosed.

Verdesian supplies nutrient and pesticide products for the turf markets. Plant Syence, a supplier of plant nutritional solutions to the agriculture and horticulture markets, has served as a manufacturer’s representative for Verdesian in the United Kingdom and continental Europe for the past 11 years.

“Verdesian is committed to product development and enhancing our portfolio through acquisition of companies and technologies. The acquisition of Plant Syence is an important step in Verdesian’s growth strategy,” said Verdesian Life Sciences CEO JJ Grow. “We have had a successful and long‐term relationship with Plant Syence. They’ve developed strong local relationships and have offered keen insight into local markets that has led to the continued development of Verdesian products. We welcome Plant Syence to the Verdesian family and look forward to creating a global plant health company together.”

Plant Syence will immediately begin conducting business as Verdesian Life Sciences Europe. Plant Syence CEO John Haywood will assume the managing director position of Verdesian Life Science Europe and will report to JJ Grow.

“We firmly believe that this development will benefit the company and our customers,” Haywood said. “Increased investment from our new parent company will allow us to be more responsive to the needs of our customers and provide more support to those using our products. Our team will remain the same, as will the quality of our products, and with this extra support we plan to develop more innovative products.”

Verdesian focuses on investments in plant health and nutrition and was established in 2012 by Paine & Partners, a private equity investment firm that specializes in the food and agribusiness industry.

LM Staff

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