Syngenta and Sun Gro Horticulture announced June 11 that Sun Gro has acquired Conrad Fafard Inc., the Syngenta growing media products business.
Sun Gro will acquire all assets of Fafard in both the U.S. and Canada, including its employees and production facilities.
Fafard, based in Agawam, Mass., has been producing and distributing growing media solutions to greenhouse growers, retailers and independent garden centers for more than 90 years. Sun Gro, headquartered in Bellevue, Wash., is one of the largest producers of peat moss and peat-based growing media products to the professional plant grower market in North America.
Syngenta will step up focus on cross-category innovation and integrated solutions to improve the consumer plant experience.
“Syngenta remains deeply committed to delivering against our core flowers and plant protection business strategy, which includes the development and delivery of new products, cross-category innovation and integrated customer solutions to the greenhouse and nursery markets,” stated Tim Kroenke, head of Syngenta Lawn & Garden North America division. “However, to achieve our ambition of making plants easier and more rewarding for consumers, Syngenta is stepping up the focus on its core genetics and plant protection business, and divesting its interest in Fafard. By accelerating innovation further downstream in the value chain, Syngenta will be uniquely positioned to deliver breakthrough solutions that offer consumers a better plant experience.”