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# Syngenta wants to buy Sicit Group to expand its operations

Publication Date: 2021-05-28T13:00:22-04:00
Last Updated: 2021-05-28T13:36:08-04:00

Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![Syngenta wants to buy Sicit Group to expand its operations](https://www.fertilizerdaily.com/wp-content/uploads/2021/05/AdobeStock_141622409.jpeg)

The deal looks promising.

The Swiss-based Syngenta and its Italian subsidiary company Valagro sent a proposal to the Board of Directors of the Sicit Group to acquire its entire authorized capital at €17.30 per share.

“We believe the combination of Syngenta, Valagro and Sicit Group has enormous potential for their shareholders, employees and customers,” press-release of Syngenta says.

Syngenta is one of the largest plant protection producer, Sicit Group is engaged in the production of biostimulants.

Tags: [plant protection products](https://www.fertilizerdaily.com/tag/plant-protection-products/), [Syngenta](https://www.fertilizerdaily.com/tag/syngenta/), [Valagro](https://www.fertilizerdaily.com/tag/valagro/)

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