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UPL Corporation Ltd. (UPL Corp), a global provider of holistic and sustainable agricultural solutions, announced that it has completed the acquisition of Corteva Agriscience’s solo mancozeb global fungicide business outside of China, Japan, South Korea, UK, Switzerland and EU member countries.
The acquisition is set to strengthen UPL Corp’s portfolio of solutions and leadership in the multisite fungicide market, giving the company ownership of Dithane®, the original global mancozeb brand which has provided farmers with a reliable disease management solution, as well as access to Rainshield™ technology which enables crop protection in wet weather conditions.
The acquisition is limited to Corteva’s solo formulations of mancozeb, with Corteva retaining ownership of premix formulations. With the deal, UPL Corp has acquired access to the full regulatory scientific dossier of mancozeb including all data, registrations, trademarks for Corteva’s solo mancozeb products, and a license to the Rainshield™ technology.