DhanukaAgritech announced that it has signed an agreement with Bayer AG to acquire worldwide rights for two of its key fungicides, Iprovalicarb and Triadimenol. This move is aimed at strengthening Dhanuka’s presence in more than 20 countries across Latin America, Europe, Asia, the Middle East, and Africa, including India.
The acquisition also includes Bayer’s Melody brand and its associated sub-brands for Iprovalicarb, along with manufacturing and distribution rights. Financial details of the transaction were not disclosed.
Dhanuka plans to manufacture at least one of the acquired products at its Dahej facility in Gujarat, according to a company statement. Iprovalicarb is widely used to control diseases in horticulture crops, while Triadimenol is utilized primarily for seed treatments in cereals, cotton, and coffee crops.
“This partnership enhances our global reach and reflects our dedication to providing top-quality solutions to farmers worldwide,” said Harsh Dhanuka, Executive Director of DhanukaAgritech. A detailed transition plan has been developed by the two companies to ensure a smooth transfer and uninterrupted support for farmers and customers worldwide.
Bayer AG has long been a pioneer in developing fungicides that protect crops against diseases and enhance yields. Products like Iprovalicarb and Triadimenol are prime examples of Bayer’s commitment to sustainable agriculture. Iprovalicarb is highly effective in managing fungal diseases in horticultural crops, while Triadimenol is widely used in seed treatments for cereals, cotton, and coffee.
These fungicides not only safeguard crops but also contribute to efficient farming practices by reducing losses and improving quality. Bayer’s fungicides have become trusted solutions for farmers globally, reflecting the company’s dedication to innovation and agricultural resilience.
DhanukaAgritech is a leading name in India’s agrochemical industry, renowned for its extensive portfolio of high-quality agricultural solutions. With a focus on innovation and sustainability, the company develops crop protection products that cater to the diverse needs of farmers.
Dhanuka’s offerings include insecticides, herbicides, fungicides, and plant growth regulators, designed to enhance productivity and ensure food security. Committed to expanding its footprint both domestically and globally, Dhanuka continues to invest in cutting-edge technologies and collaborations to deliver advanced solutions to farmers worldwide.
