IHS Chemical Week

World News and Views :: Top of the News

Sumitomo Chemical subsidiary acquires US agrobusiness firm for $65 million

12:42 AM MST | December 20, 2012 | Deepti Ramesh

Sumitomo Chemical says that its wholly owned Valent BioSciences (Libertyville, IL) subsidiary has signed a definitive agreement to acquire Pace International (Seattle, WA), a global leader in the postharvest segment of commercial agriculture with operations in the United States, Mexico, and South America, for $65 million. Valent BioSciences previously had a 25% stake in Pace, which employs over 100 people worldwide. The acquisition is expected to close before the end of the year. Pace specializes in the development and commercialization of coatings, sanitizers...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa