ChemChina subsidiary ADAMA focuses on generic pesticides and is either the first- or second-largest generic supplier in the United States for each of these products. Chen Lichtenstein, President and CEO of ADAMA, was offered the position of CFO of Syngenta Group, with responsibility also for Strategy and Integration. Mr. Lahav joined Adama in 2010. In 2000, he was awarded the Israel CFO of the Year. By Martinne Geller. Now, ChemChina owns Syngenta and ADAMA. A Sinochem-ChinaChem merger would mean that ADAMA will also have the support from Sinochem’s capacity of Yangnong Chemical. ADAMA will continue to be headquartered in Israel, and remain traded on the Shenzhen Stock Exchange, as well as maintain its unique brand and positioning. In the future, ADAMA will have big supply advantages for key active ingredients such as glyphosate, dicamba, bifenthrin, prochloraz, dimethomorph, chlorothalonil, and more. Syngenta Group is made up of four business units — Shenzhen-listed Israel-based crop protection company Adama Ltd., Syngenta Group China and Syngenta AG’s crop protection and seeds businesses. State-owned ChemChina acquired Syngenta in 2016 through a $43 billion deal for the agri-inputs giant, translating to $465 per share. Ben CohenPublic RelationsEmail: [email protected], Zhujun WangChina Investor RelationsEmail: [email protected], Cision Distribution 888-776-0942 TEL AVIV, Israel, Jan. 5, 2020 /PRNewswire/ -- ChemChina and Sinochem today announced that they are consolidating their agricultural businesses into a new holding company within ChemChina, domiciled in Shanghai, which will be called the Syngenta Group Co. Compared to Bayer and BASF, Syngenta has an older portfolio vs. other competitors. In agriculture, for instance, there are 400-plus startups in Israel, many of which benefitted tremendously from Israel’s strength in crop protection. Steve Landsman wird General Counsel und Laure Roberts wird Chief Human Resources Officer. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu EUROPEAN COMMISSION Brussels, … Syngenta Vegetable Seeds presents its annual vegetable showcase in ground-breaking new digital format to share its innovative and sustainable vegetable varieties. The merger could, therefore, institute a monopoly on the supply of active ingredients. For more information, visit us at www.ADAMA.com and follow us on Twitter® at @ADAMAAgri. In February 2016, ChemChina agreed to a $43 billion bid for Swiss seeds and pesticides group Syngenta, the largest ever foreign purchase by a Chinese firm. This line will lead ADAMA in marketing and R&D strategies, and sales and supply chain management. He had also served as CFO, COO and eventually CEO of Delta Galil Industries over a span of 11 years. Having gained capacities in China including that of Sanonda, Anpon, Dacheng Bio, and Huifeng, ADAMA will be the first generic company to have finished building the bridge between Chinese agrichemical capacity to the global market. ADAMA has proposed a development strategy it calls “Core Leap,” in which it will explore possible formulations of new AIs coming off patent in the next decade. Independent R&D innovation will be the mainstream in future, which is happening in U.S. as venture capitalists pour millions into agtech startups. “The listed company aims to boost synergy and enhance overall profitability through a merger with Adama,” Sanonda said in the filing. He has been with the Company for almost 20 years and currently serves on its Executive Committee that has directed the Company's business transformation over the last several years. 1 Globally in Agrochemical Sector by Sustainalytics, Heliae, WinField United Canada Collaborate to Bring Regenerative Agriculture Technology, Profitability for Farmers. Frank Ning, Chairman of ChemChina and Sinochem, will be the Chairman of the new Group. The deal was awaiting approval by the Committee on Foreign Investment in the United States (CFIUS) and European government panels, citing food safety and security concerns. ADAMA will collaborate with Israel agriculture startups to introduce novel disruptive technology including biotech and digital agriculture in global markets. In 2020, the Syngenta Group was formed, bringing together Syngenta, Adama, and the agricultural business of Sinochem under a single entity. In the future, there is a need to look at China seed company M&A. All Rights Reserved. In the future, ADAMA will have big supply advantages for key active ingredients such as glyphosate, dicamba, bifenthrin, prochloraz, dimethomorph, chlorothalonil, and more. Syngenta Group acquires leading Biologicals company, Valagro . After the completion of the transfer of ADAMA's shares into the Group, Chen Lichtenstein is expected to remain on ADAMA's board of directors, and be joined by Erik Fyrwald, CEO of the new Group, who will replace Yang Xingqiang as Chairman. Die Transaktion dient der Erfüllung von Auflagen, die durch die EU Kommission im Rahmen der Übernahme von Syngenta durch ChemChina festgelegt wurden. Is an editorial advisor and regular columnist for AgriBusiness global and syngenta, adama merger innovator in UAV technologies... Der Nahrungssicherheit weltweit beiträgt as Radial included, they said on financing Stock... Different to manage special co-formulations and relationships with multinationals with patent AIs Counsel und Laure wird. 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