Bonide Products to be acquired by Control Solutions
Bonide Products to be Acquired by Control Solutions, a Subsidiary of Ag Chem Giant ADAMA
PASADENA, TX and ORISKANY, NY – Control Solutions, a Pasadena, TX-based provider of solutions to the pest control, turf and ornamental and professional animal health care markets, today announced that it has agreed to acquire Bonide Products. The acquisition will provide Control Solutions entry into the consumer home and garden market. In turn, Bonide will gain dramatically increased access to base chemistries that will allow new product development for its core IGC market. “Bonide is extremely excited about this,” says Jim Wurz, Bonide President and CEO. “This has been a union in the making for many years - two companies with similar cultures and highly complementary businesses. We are excited about the vast potential positive impact on employees, customers and the marketplace in general.” Wurz says the acquisition is an opportunity for the Bonide line to greatly expand and lead in the development of lawn and garden controls. Mark Boyd, Control Solutions President and CEO, says, “We are delighted to welcome Bonide into the Control Solutions family. Over the last nine decades, the Wurz family has built one of the most respected names in pest control solutions for the home and garden market. We are committed to continuing to nurture and enhance this unique brand by adding new and differentiated products to the Bonide portfolio, bringing a range of new solutions to the U.S. consumer.”
The acquisition is expected to close during the fourth quarter this year, subject to customary closing conditions and required regulatory approvals. Terms of the transaction are undisclosed.
Control Solutions is one of the fastest-growing companies in the controls industry. It is a subsidiary of Israeli company ADAMA, the fifth largest agricultural chemical company in the world. ADAMA recently acquired significant portions of Sygenta’s plant controls business.