ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business

ChemChina-Syngenta deal may help China meet food challenges

ChemChina Chairman Ren Jianxin announces a deal to purchase Syngenta at the Swiss company's corporate headquarters in Basel, Switzerland on Feb. 3.

FRANKFURT, Germany -- The purchase of Switzerland's agrochemical maker Syngenta by China National Chemical, or ChemChina, has sent shock waves through the industry.

     The $43 billion deal, the biggest-ever overseas acquisition by a Chinese state-owned company, will shake up the agrochemical and seeds market that has hitherto been dominated by the "Big 6" U.S. and European manufacturers, giving ChemChina access to cutting-edge agro chemical and genemodification technology.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more