Valent and Nufarm Extend Exclusive Distribution Agreement to 2023

WALNUT CREEK, Calif. and ALSIP, Ill., Sept. 24, 2018 /PRNewswire/ -- Valent U.S.A. LLC and Nufarm Americas, Inc. announced today the two companies have signed a 5-year distribution agreement extending Nufarm Americas' position as exclusive distributor of a broad portfolio of Valent branded products. The agreement covers all Valent products for the professional turf and ornamental (T&O), aquatic, and industrial vegetation management (IVM) markets in the United States. This agreement continues the distribution partnership Valent and Nufarm established in 2014.

"This agreement between Valent and Nufarm ensures continued innovation, service, and support to our T&O, IVM, and aquatics customers, said Matt Plitt, executive vice president and chief operations officer for Valent. "The history of the two organizations working together is something that Valent is very proud of and looks forward to continuing for many years to come."

Under the terms of this extended agreement, Nufarm will continue to offer the entire line of Valent branded products for professional golf course, lawn and landscape, production ornamental and aquatic use, as well as industrial vegetation management markets under the Valent brand name. This agreement excludes Valent's business in the agricultural crop protection, seed protection, consumer home and garden, forestry, pest control, timber treatment, public health and animal health markets.

"Nufarm is proud to continue as the exclusive distribution partner for the Valent T&O and IVM products," said Brendan Deck, General Manager and President of Nufarm North America. "Our focus is keeping our customers at the core of what we do and this partnership allows us to bring the best quality solutions for their use."

The U.S. agreement between Valent and Nufarm builds on the many successful distribution collaborations established between Valent's parent company, Sumitomo Chemical Company, Limited, and Nufarm Limited since Sumitomo's strategic investment in the global Nufarm Limited business in 2010.

About Valent U.S.A. LLC
Headquartered in Walnut Creek, Calif., Valent U.S.A. LLC develops and markets products in the United States, Canada and Mexico that advance sustainable agriculture, protect crops, enhance crop yields, improve food quality, beautify the environment and safeguard public health. Valent products include a well-known line of quality herbicide, insecticide, fungicide and crop enhancement products for agricultural, seed protection and professional use. Valent is a leader in marketing and sales of both traditional chemical products and biorational products developed by its affiliate, Valent BioSciences LLC. For more information about Valent or our full product line, please call 800-6-VALENT (682-5368) or visit valent.com.

About Nufarm Limited
Nufarm Americas, Inc. is a subsidiary of Nufarm Limited, a manufacturer, supplier and marketer of crop protection products based in Australia. Nufarm is recognized as one of the leading agricultural and turf chemical manufacturers in the world. Nufarm Americas, Inc. formulates products that serve the agricultural, professional turf, vegetation management and forestry markets in the United States. For more information about Nufarm, visit www.nufarm.com/us or call 800-345-3330.

CONTACT: Steve Tatum, Valent U.S.A. LLC, (925) 951-3164, e-mail: steve.tatum@valent.com, Sherry Mitchell, Nufarm Limited, (919) 379-2510, e-mail: sherry.mitchell@us.nufarm.com

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