Syngenta is to acquire vegetative flowers company Fischer Group for around £34 million. Fischer is a privately held company specializing in the breeding and marketing of flower crops. For the fiscal year 2005/2006, Fischer reported sales of £43,5 million.

Josef Fischer, CEO, was bullish about the merger: "Combining our varieties, cultivation knowledge and supply processes will enhance our service and support to all our customers, with whom we can now access exciting growth potential in flowers."

Fischer is highly complementary to Syngenta Flowers, bringing with it leadership in three of the ten best-selling flower crops to its existing portfolio. It is the global leader in pelargonium (geranium) and has leading positions in poinsettia and New Guinea impatiens. The company sells flower crops in over 20 countries under well-known brands including Fischer and pelfi.

Syngenta's S&G Flowers is a worldwide leader in the pot and bedding plant industry with a large proprietary portfolio. Operating on a global basis, S&G breeds and markets proprietary flowers as seeds, young plants and cuttings for the ornamental industry

Syngenta’s global sales in 2006 were approximately $8.1 billion. The company employs around 19,500 people in over 90 countries.

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