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| Date: |
July 1, 2004 |
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| Contact: |
Bryce McMillan, 317-216-8243, brycem@sepro.com |
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SePRO Corporation Acquires TNO&A Assets from Griffin L.L.C.
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July 1, 2004 - William H. Culpepper, President & CEO, SePRO Corporation announces the purchase of certain assets of Griffin LLC's Turf, Nursery, Ornamental and Aquatics (TNO&A) business. SePRO is a global Specialty Environmental and Life Sciences Company located in Carmel, Indiana.
The acquisition includes Avast!® and Avast!® SRP Aquatic Herbicides, Komeen® Aquatic Herbicide/Algaecide, K-Tea™ and K-Pool™ Aquatic Algaecides, Junction® Fungicide/Bactericide, Pentathlon® Fungicide, Spin Out® Plant Growth Regulator, Camelot® Ornamental Fungicide, and rights to Vendex® Miticide and Kocide® 2000 TNO Fungicide. The financial details of the transaction were not disclosed.
"The purchase of Griffin's TNO&A product line will strengthen SePRO's current fungicide, herbicide and algaecide product line and provide SePRO with additional specialized products that are a perfect complement to our existing product portfolio and areas of business focus," says Bryce McMillan, SePRO's Vice President of Marketing and Sales. "These quality products will provide SePRO additional opportunities to fund our technical research and development efforts in these niche markets, allowing us to serve our specialty customers better."
SePRO Corporation is recognized as an industry leader in providing the highest level of technical services to customers who operate in specialty niche markets of the USA. SePRO's key business segments include the US Aquatics Industry, Horticulture/Greenhouse Markets, and Professional Turf Management. Some of the company's major products include Sonar® Aquatic Herbicide, Renovate® Aquatic Herbicide, A-Rest® Plant Growth Regulator, Cutless® Turf Growth Regulator, Talus® Insect Growth Regulator, Decree® Fungicide, Profile® Tree Growth Regulator, and FlightControl® PLUS Humane Canada Goose Management. To learn more about SePRO Corporation, its products, services and technologies visit the SePRO web site at www.sepro.com.
Griffin L.L.C., based in Valdosta, GA. is a customer-based, world-class supplier of proven crop protection chemicals. Griffin is known as "the global leader with a local focus" because they offer products, formulations, chemical actives, and support services, through more international locations than any other post-patent chemical company in the world. Griffin L.L.C. is a wholly owned affiliate of DuPont.
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Renovate is a registered trademark of Dow AgroSciences. Decree is a registered trademark of Arvesta Corporation. Talus is a registered trademark of Nichino America Inc. FlightControl is a registered trademark of Arkion Life Sciences.
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