Syngenta
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| Aktiengesellschaft | |
| Traded as | SIX: SYNN : SYT |
| Industry | agrobusiness, chemicals |
| Founded | 2000 |
| Headquarters | Basel, Switzerland |
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Key people
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Michel Demaré (Chairman) J. Erik Fyrwald (CEO) |
| Products | Pesticides, seeds, flowers |
| Revenue |  US $13.411 billion (2015) |
|
US $1.841 billion (2015, AR p. 48)
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| Profit |
US $1.339 billion (2015, AR p. 48)
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| Total assets |
US $18.98 billion (end 2015, AR p. 51)
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| Total equity |
US $8.420 billion (end 2015, AR p. 51)
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Number of employees
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28,704 (September 2015, AR p. iii) |
| Website | syngenta.com |
Syngenta AG is a global Swiss agribusiness that produces agrochemicals and seeds. As a biotechnology company, it conducts genomic research. It was formed in 2000 by the merger of Novartis Agribusiness and Zeneca Agrochemicals. As of 2014[update] Syngenta was the world’s largest crop chemical producer, strongest in Europe. As of 2009[update] it ranked third in seeds and biotechnology sales. Sales in 2015 were approximately US$13.4 billion, over half of which were in emerging markets.
Based in Basel, Switzerland, Syngenta was formed in 2000 by the merger of Novartis Agribusiness and Zeneca Agrochemicals. Its roots are considerably older.
Novartis was formed of the 1996 merger of the three Swiss companies: Geigy, which has roots back to 1758;Sandoz Laboratories which was founded in 1876; and Ciba, founded in 1884. Ciba and Geigy had merged in 1971 and had concentrated mainly on crop protection in its agro division, Sandoz more on seeds.
Zeneca Agrochemicals was part of AstraZeneca, and formerly of Imperial Chemical Industries. ICI was formed in the UK in 1926. Two years later, work began at the Agricultural Research Station at Jealotts Hill near Bracknell.
In 2004, Syngenta Seeds purchased Garst, the North American corn and soybean business of Advanta, as well as Golden Harvest Seeds. On 5 December 2004, the European Union ended a six-year moratorium when it approved imports of two varieties of genetically modified corn sold by Monsanto and its Swiss rival, Syngenta.
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Wikipedia