Envu completes purchase of FMC’s Global Specialty Solutions business

IMAGE: ENVU

Philadelphia, Pa.-based FMC Corp., and Environmental Science US, LLC, known as Envu, based in Cary, N.C. successfully completed the sale of FMC’s Global Specialty Solutions (GSS) business to Envu. Envu first confirmed it was in the process of acquiring FMC’s Global Specialty Solutions (GSS) business earlier this year.

“The successful sale of our GSS business to Envu marks an important milestone for FMC,” said Pierre Brondeau, FMC chairman and CEO. “This transaction enables us to further sharpen our focus on our core agricultural business while ensuring the GSS business and employees have the right partner in Envu to support their continued growth and success.”

As part of the agreement, FMC will work with Envu through the companies’ transition period and will remain a contracted supplier of key products and actives.

“This is a very exciting day for Envu, and we believe for our customers as well,” said Gilles Galliou, Envu CEO. “Now that the deal is closed, we will move quickly to begin integrating the GSS team and exploring ways that we can leverage our collective strengths to deliver more innovation and more value for our customers. We look forward to continuing to collaborate with FMC as a trusted supplier and partner.”

FMC intends to allocate all proceeds from the sale to debt reduction.

About Envu

Envu was founded in 2022, a company built on years of environmental science experience, for the sole purpose of advancing healthy environments for everyone, everywhere. Envu offers dedicated services in professional pest management, forestry, ornamentals, golf, industrial vegetation management, lawn & landscape, mosquito management, and range & pasture. The Envu portfolio consists of more than 180 trusted and well-known brands. The company employs 900 people, operates in 100 countries and has four global innovation hubs.

<p>The post Envu completes purchase of FMC’s Global Specialty Solutions business first appeared on Pest Management Professional.</p>

from Pest Management Professional https://www.mypmp.net/2024/11/01/envu-completes-purchase-of-fmcs-global-specialty-solutions-business/
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