M&A Activity • Jul 31, 2024
M&A Activity
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Desert Control and Syngenta Sign MoU to Explore Collaborative Efforts in Sustainable Agriculture
Sandnes, Norway, 31 July 2024-Desert Control signs a Memorandum of Understanding
(MoU) with Syngenta Crop Protection AG ("Syngenta"), part of Syngenta Group, one
of the world's largest agricultural technology companies, to explore potential
synergies aimed at enhancing soil health and promoting sustainable agricultural
practices.
The MoU marks the beginning of a collaboration to evaluate the potential
benefits of combining organic and biological additives, including advanced
biostimulants from Syngenta, with Desert Control's Liquid Natural Clay (LNC).
The joint efforts will initially focus on exploratory studies and field
evaluations in arid regions characterized by challenging soil conditions (sandy
and fast-draining soils) and high water stress. Initial field studies are
anticipated to be initiated in the Middle East region during the second half of
"We are excited about the collaboration with Syngenta," said Ole Kristian
Sivertsen, CEO of Desert Control. "This initiative underscores both our and
Syngenta's commitment to innovation and sustainable agriculture. By combining
efforts, we aim to address critical soil health and water scarcity challenges,
paving the way for the next generation of sustainable soil solutions."
Both companies are dedicated to advancing agricultural sustainability and
improving crop yields through innovative solutions. This collaboration
represents a significant step towards developing integrated approaches that
enhance soil fertility and water use efficiency, contributing to global food
security.
For further inquiries, please contact:
Ole Kristian Sivertsen
CEO, Desert Control
Email: [email protected]
Mobile: +47 957 77 777
About Desert Control:
Desert Control develops innovative solutions to enhance soil health, conserve
water, and promote ecosystem resilience. The company's mission is to combat
desertification, soil degradation, and water scarcity. Our patented Liquid
Natural Clay (LNC) transforms sandy, fast-draining soils to retain water and
nutrients, improving soil health, crop yields, and ecosystem vitality while
conserving water. Desert Control provides customized solutions to strengthen
sustainability, profitability, and prosperity for agriculture, forests, and
green landscapes. In collaboration with partners and clients, we aim to preserve
natural resources, restore biodiversity, enhance food security, and ensure a
climate-resilient future.
For more information, visit https://www.desertcontrol.com
About Syngenta:
Syngenta is a global agricultural technology leader committed to transforming
agriculture with science-driven technological innovations to deliver high
productivity and high-quality food while fighting climate change and restoring
nature. Syngenta's biostimulants and crop protection products are at the
forefront of agricultural innovation. Syngenta works with farmers and partners
to deliver four Sustainability
Priorities (http://www.syngentagroup.com/sustainability): Higher Yields, Lower
Impact; Regenerate Soil and Nature; Improve Rural Prosperity; and Sustainable
Operations. The priorities are underpinned by regenerative
agriculture (https://www.syngentagroup.com/regenerative-agriculture) practices
to nurture and restore soil health, protect the climate and biodiversity, and
enhance farm productivity and profitability.
For more information, visit https://www.syngenta.com
Cautionary Note:
This release contains forward-looking information and statements relating to the
business, performance, and items that may be interpreted to impact the results
of Desert Control and/or the industry and markets in which Desert Control
operates. Forward-looking statements are statements that are not historical
facts and may be identified by words such as "aims", "anticipates", "believes",
"estimates", "expects", "foresees", "intends", "plans", "predicts", "projects",
"targets", and similar expressions. Such forward-looking statements are based on
current expectations, estimates, and projections, reflect current views
concerning future events, and are subject to risks, uncertainties, and
assumptions, and may be subject to change without notice. Forward-looking
statements do not guarantee any future performance. Risks, uncertainties, and
other important factors could cause the actual business, performance, results,
or the industry and markets in which Desert Control operates to differ
materially from the statements expressed or implied in this release by such
forward-looking statements.
No representation is made that any of these forward-looking statements or
forecasts will come to pass or that any forecasted performance, capacities, or
results will be achieved, and you are cautioned not to place any undue reliance
on any forward-looking statements.
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