Syngenta announced today its intention to divest its premium Flowers seeds business from its Lawn and Garden operating unit. Divestment would enable the new entity to play a leading role in the consolidation of the home gardening market, which is taking place in response to changes in the distribution and retail channels driven by shifts in consumer preferences.
Syngenta has built a high quality profitable Flowers business based on seeds and vegetative genetics and efficient distribution platforms. Syngenta Flowers is a market leader in mass market plants and has developed innovative solutions for seasoned and hobby gardeners alike. The business has a competitive footprint in both developed and emerging markets.
Syngenta will continue to invest in its industry-leading chemistry for professional products markets such as golf courses and industrial pest management.
No further details of the proposed divestment were provided.
For more information:
- Sales Representative Southeastern US
- Bedding and Perennials Sales Manager Europe
- Horticultural Technician
- Head Grower Strawberries, Norway
- Tissue Culture Laboratory Scientist
- Manager Operations & Logistics
- Vegetable Advisor (Permanent)
- Horticultural Commercial Director
- Senior Operations Manager Nursery
Top 5 - yesterday
- Tagawa Greenhouse rooting cuttings better and faster
- "High demand for our orchids and we see a shift from flowers to flowering plants"
- “Portugal is a small country, but it's the 8th top producer of ornamentals in Europe"
- New dates for World Floral Expo 2023
- NL: Sustainable hydrangea greenhouse opens its doors
Top 5 - last week
Top 5 - last month
- "It extends the shelf life of roses by 50-100%"
- "Entering Europe is a natural next step in our growth"
- Cut flower ocean shipments continue to rise
- “In over 35 years of operations, we’ve seen a lot change in the foliage market”
- Denmark: "Growers see this crisis as an opportunity to improve and be more innovative"
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