Gowan Crop Protection Limited has entered into agreements with Bayer to acquire rights to the active ingredients fenamidone and pencycuron. The acquisition includes product registrations and trademarks including Consento, Reason, Monceren, and Prestige, and related intellectual property and labels for both fungicides. The transactions closed December 1st, although Bayer and Gowan will work together over the next several months to facilitate an orderly hand-off and to maintain quality customer service in all geographies. The financial terms of the agreements were not disclosed.
Pencycuron is a foliar and seed treatment product for the control of diseases originating from Rhizoctania solani in various crops including cotton, rice, potatoes, turf and vegetables. It has broad presence in Japan, Brazil, India and Russia, among other countries.
Fenamidone, registered in Canada under the trade name Reason, is a product for control of diseases originating from water molds or the oomycetes class of fungi, key among them being downy mildew, late blight and early blight on grapes, vegetables, potatoes and ornamentals.
Source: Gowan Crop Protection December 4, 2019 news release