Dow sells Vikane, ProFume to Douglas Products

By |  May 7, 2015

Dow logoIn early May, the Dow Chemical Co. (Dow) signed a definitive agreement to sell its Dow AgroSciences post-harvest and structural fumigant business, sulfuryl fluoride, to Douglas Products, Liberty, Mo. This transaction is expected to close in the second quarter of 2015. The divestment includes fumigants sold under the brand names Vikane and ProFume. The transaction also includes associated technology, business know-how, certain intellectual property, customer lists and contracts. Approximately 10 employees are expected to transition employment status to Douglas Products at transaction close.

“Dow believes that this business segment has a greater opportunity to reach its full potential under a different owner,” says company spokesperson Kenda Resler-Friend, noting that the transaction aligns with the Indianapolis-based company’s focus on market-driven strategy “in pursuit of rewarding shareholders.”

The remainder of the Dow AgroSciences global pest control business is not in the scope of this transaction.

“Dow AgroSciences will continue to actively support and engage in the T&O and pest management industries” says Paul Simons, global business leader, Urban Pest, Dow AgroSciences. “In fact, we will continue to invest in and innovate for our T&O and subterranean termite businesses. We are eager to introduce our new and novel business platform to the pest management industry, which we expect to pilot in the next 12 months.”

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