Syngenta Group Launches
03.07.2020 - Syngenta Group was officially launched on Jun. 18. Swiss-based and Chinese-owned, the group consists of four business units: Syngenta Crop Protection headquartered in Switzerland; Syngenta Seeds headquartered in the US; Adama headquartered in Israel; and Syngenta Group China.
With 48,000 employees in more than 100 countries and sales of $23 billion in 2019, the group is the global market leader in crop protection, the China fertilizer market leader and the global number three in seeds. With its Modern Agriculture Platform (MAP) Farmer Solution Centers, Syngenta said it is also the leading provider of agriculture services in China.
Erik Fyrwald, formerly CEO of Syngenta AG, is CEO of the new entity while Chen Lichtenstein, Adama’s former CEO, takes over as chief financial officer.
“I am pleased that our new organization is ready to bring the diversity and expertise of our teams to deliver the broadest range of sustainable and competitive products,” said Fyrwald. “Customers will continue to get the full attention of the businesses as they currently serve them, but the capabilities each brings will be enhanced where it adds value by collaboration across the Syngenta Group.”
The group intends to announce its new Good Growth Plan later this month. This will be its first major initiative after launch and will address the shifting challenges faced by farmers around the world as well as society’s changing expectations of agricultural technology and sustainability.