Amvac Chemical to Buy L.A. Insecticide Works
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American Vanguard Corp.’s Amvac Chemical Corp. unit said Wednesday that it has agreed to acquire the Phosdrin insecticide business of BASF Agro BV. Financial terms weren’t disclosed.
American Vanguard said the acquisition is necessary to maintain Amvac’s international sales of Phosdrin.
The purchase includes all active registrations for the insecticide, access to the underlying data for the registrations and trademarks in 55 countries. Amvac will take over the marketing of the product once the registrations are transferred this fall.
The unit has made Phosdrin for the international market at its Los Angeles facility since 1985 for Shell, American Cyanamid and BASF, a German chemicals company.
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