Syngenta Group has consolidated the strengths of Switzerland-based Syngenta AG, Israel-based Adama, and Chinese agricultural businesses
Syngenta Group has announced the launch of a new single entity, which consolidates four business units to better serve its agricultural customers.
Syngenta Group, a new global agricultural science and innovation company, has combined the strengths of Switzerland-based Syngenta, Israel-based Adama and Chinese agricultural businesses.
As part of the new structure, the new entity is comprised of four business units, including Syngenta Crop Protection that will run under Jon Parr with operations from Basel of Switzerland.
Based in Switzerland, Syngenta Group employs around 48,000 people in over 100 countries. It had reported sales of $23bn in 2019.
The new entity has 15 major production sites, which hold the capacity to deliver the required solutions to the customers.
Syngenta Group is said to be the leading global market leader in crop protection
Syngenta Group is said to be the leading global market leader in crop protection, global number three in seeds, the market leader in fertiliser in China and the leading agricultural services provider in China
Syngenta Seeds will be managed by Jeff Rowe with operations from Chicago, US, Adama will be led by Ignacio Dominguez with operations from the Airport City of Israel and Syngenta Group China will be managed Hengde Qin with operations from Shanghai.
Syngenta AG former CEO Erik Fyrwald will serve as CEO for Syngenta Group, while Adama former CEO Chen Lichtenstein will act as the CFO for the new entity.
Steve Landsman will serve as general counsel for the new group, while Laure Roberts will act as chief human resources officer for Syngenta Group.
Fyrwald said: “I am pleased that our new organisation is ready to bring the diversity and expertise of our teams to deliver the broadest range of sustainable and competitive products.
“Customers will continue to get the full attention of the businesses as they currently serve them, but the capabilities each brings will be enhanced where it adds value by collaboration across the Syngenta Group.”
In October 2019, Syngenta announced its commitment to invest $2bn over the next five years to help farmers prepare for and tackle climate change.