{"id":471917,"date":"2021-04-06T10:26:23","date_gmt":"2021-04-06T14:26:23","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471917"},"modified":"2021-04-06T10:26:23","modified_gmt":"2021-04-06T14:26:23","slug":"american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/","title":{"rendered":"American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p>\n\u00a0<b>American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses<\/b><\/p>\n<p>\n\u00a0<b><i>American Vanguard \/ AMVAC bring OHP Inc. subsidiary into AMVAC Environmental Products to create a unified non-crop business entity within AVD<\/i><\/b><\/p>\n<p>NEWPORT BEACH, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAmerican Vanguard<sup>\u00ae<\/sup> Corporation (NYSE: AVD) and its subsidiary AMVAC<sup>\u00ae<\/sup> Corporation announced today that they are bringing their OHP Inc. subsidiary into the AMVAC Environmental Products (\u201cAEP\u201d) family to create a unified non-crop business entity within AVD.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20210406005757\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210406005757\/en\/<\/a><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ohp.com&amp;esheet=52406684&amp;newsitemid=20210406005757&amp;lan=en-US&amp;anchor=OHP&amp;index=1&amp;md5=e9cf82db3a3e534f02194e79fa974ba1\">OHP<\/a>, the leading provider of technology-based solutions for greenhouse and nursery production applications, was <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ohp.com%2FNews%2Fohp-inc-being-acquired-by-amvac-chemical-corporation%2F&amp;esheet=52406684&amp;newsitemid=20210406005757&amp;lan=en-US&amp;anchor=acquired&amp;index=2&amp;md5=8073d4f1a78664276532c9f268a3d4ac\">acquired<\/a> by AMVAC in 2017 to expand its non-crop footprint in the plant production segment.\n<\/p>\n<p>\nThe integration of OHP and AEP \u2013 a leading provider of proven chemistries, biologicals, and low-impact solutions to the professional pest, golf, landscape, and public health markets \u2013 is part of AVD\u2019s long-term strategy to grow and re-define its position in non-crop markets through portfolio expansion, innovation, licensing, and acquisition.\n<\/p>\n<p>\nEric Wintemute, Chairman and CEO of American Vanguard, commented, \u201cThe integration of our dynamic specialty product businesses is part of the Company\u2019s long-term strategy to increase capacity, broaden product portfolios, and support AEP\u2019s and OHP\u2019s collaborative efforts to develop new biological, biorational, and proven chemistry solutions to the market.\u201d\n<\/p>\n<p>\nMr. Wintemute noted in particular that OHP\u2019s <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ohp.com%2FLiterature%2Fpdf%2FBiosolutions.pdf&amp;esheet=52406684&amp;newsitemid=20210406005757&amp;lan=en-US&amp;anchor=biosolutions&amp;index=3&amp;md5=24b5122b4dbdb6ee62c77ad401eeeaf5\">biosolutions<\/a> for U.S. nursery and ornamental customers are a key part of the Company\u2019s growing portfolio of low-impact platforms in both the U.S. and internationally. \u201cThese green and sustainable platforms, combined with our precision application technologies, provide American Vanguard with unique and compelling ESG (environmental, social, and governance) solutions.\u201d\n<\/p>\n<p><b>Changes in OHP Leadership<\/b><\/p>\n<p>\nWith OHP\u2019s integration come several leadership changes.\n<\/p>\n<p>\nDan Stahl, OHP\u2019s long-time leader and the company\u2019s Vice President\/General Manager, is planning to retire from OHP at the end of April. He has worked closely with AEP CEO Shayne M. Wetherall and the extended AEP executive team to facilitate a smooth integration ensuring OHP will continue to deliver excellent products and service to its customers and its channel and supplier partners. A formal announcement of Mr. Stahl\u2019s retirement is forthcoming.\n<\/p>\n<p>\nUpon Mr. Stahl\u2019s retirement, Troy Bettner, Vice President of Marketing and Sales for OHP, will continue to lead OHP\u2019s commercial efforts and supplier relationships and will report to Mr. Wetherall. Mr. Bettner joined OHP in 2018 and has worked closely with Mr. Stahl to prepare for this management transition.\n<\/p>\n<p>\nSaid Mr. Wetherall: \u201cDan\u2019s many contributions have been pivotal to OHP\u2019s success and have provided the platform for its strategic integration with AEP. With a smooth transition to Troy\u2019s commercial leadership, and in partnership with the AEP team, OHP will continue to deliver excellence to our customers and also deliver on our vision for AEP, which is to be the fastest-growing provider of technology and innovation to the markets we serve.\u201d\n<\/p>\n<p>\nAdded Mr. Wintemute: \u201cThe great opportunities that OHP and AEP present in the non-crops market, coupled with AMVAC\u2019s long-time strengths in the agricultural crops segment, extend and further solidify American Vanguard\u2019s position as a continuing and long-term leader in technology, innovation, and sustainability.\u201d\n<\/p>\n<p><b>About OHP<\/b><\/p>\n<p>\nOHP Inc, originally Olympic Horticultural Products, was founded with the goal of becoming the leading provider of technology based pesticide solutions for the greenhouse and nursery production markets. Today, after evolving into its new OHP identity and as an American Vanguard Company, OHP is recognized as the leader in the market. The OHP team exclusively markets products, specifically packaged and labeled for the greenhouse and nursery production markets, through a network of leading distribution partners throughout the United States and Puerto Rico. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.OHP.com&amp;esheet=52406684&amp;newsitemid=20210406005757&amp;lan=en-US&amp;anchor=www.OHP.com&amp;index=4&amp;md5=0adba3b514fcba2e29a171e8b2d958f2\">www.OHP.com<\/a><\/p>\n<p><b>About AMVAC Environmental Products<\/b><\/p>\n<p>\nAMVAC Environmental Products (\u201cAEP\u201d), an American Vanguard Company, is a leading provider of proven chemistries, biologicals, and low-impact solutions to the professional pest, golf, landscape, and public health markets.\n<\/p>\n<p><b>About AMVAC Corporation<\/b><\/p>\n<p>\nAMVAC Corporation, a subsidiary of American Vanguard Corporation, is a forward-thinking company fueling growth through customer focus, intelligent acquisition, technology solutions, product development, and supply management. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.AMVAC.com&amp;esheet=52406684&amp;newsitemid=20210406005757&amp;lan=en-US&amp;anchor=www.AMVAC.com&amp;index=5&amp;md5=90f005fd3e74450220ffc8912aeb38b6\">www.AMVAC.com<\/a><\/p>\n<p><b>About American Vanguard<\/b><\/p>\n<p>\nAmerican Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000\u00ae and Russell 3000\u00ae Indexes and the S&amp;P SmallCap 600<sup>\u00ae<\/sup> Index. To learn more about American Vanguard, please reference the Company\u2019s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.american-vanguard.com%2F&amp;esheet=52406684&amp;newsitemid=20210406005757&amp;lan=en-US&amp;anchor=www.American-Vanguard.com&amp;index=6&amp;md5=59314d676dcfd1773600eaeeeacbec59\">www.American-Vanguard.com<\/a>.\n<\/p>\n<p>\nThe Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company\u2019s management and are subject to various risks and uncertainties that may cause results to differ from management\u2019s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed from time-to-time in the Company\u2019s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company\u2019s judgment as of the date of this release.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406005757r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210406005757\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210406005757\/en\/<\/a><\/span><\/p>\n<p>\nAMVAC Environmental Products<br \/>\n<br \/>Shayne M. Wetherall, CEO<br \/>\n<br \/>(919) 415-4360<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:swetherall@envancetech.com\">swetherall@envancetech.com<br \/>\n<\/a><\/p>\n<p>American Vanguard and AMVAC Communications<br \/>\n<br \/>Jim Sulecki, Lead and Founder, 40 Seasons Media<br \/>\n<br \/>(440) 537-0625<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:jim@40seasons.com\">jim@40seasons.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Chemicals\/Plastics Environment Manufacturing Agriculture Natural Resources Construction &amp; Property Landscape<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210406005757\/en\/869330\/3\/AMVAC_AEP_logo-RGB.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210406005757\/en\/869346\/3\/OHP_Inc.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses \u00a0American Vanguard \/ AMVAC bring OHP Inc. subsidiary into AMVAC Environmental Products to create a unified non-crop business entity within AVD NEWPORT BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; American Vanguard\u00ae Corporation (NYSE: AVD) and its subsidiary AMVAC\u00ae Corporation announced today that they are bringing their OHP Inc. subsidiary into the AMVAC Environmental Products (\u201cAEP\u201d) family to create a unified non-crop business entity within AVD. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210406005757\/en\/ OHP, the leading provider of technology-based solutions for greenhouse and nursery production applications, was acquired by AMVAC in 2017 to expand its non-crop footprint in the plant production segment. The integration of OHP and AEP \u2013 a &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471917","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"\u00a0American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses \u00a0American Vanguard \/ AMVAC bring OHP Inc. subsidiary into AMVAC Environmental Products to create a unified non-crop business entity within AVD NEWPORT BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; American Vanguard\u00ae Corporation (NYSE: AVD) and its subsidiary AMVAC\u00ae Corporation announced today that they are bringing their OHP Inc. subsidiary into the AMVAC Environmental Products (\u201cAEP\u201d) family to create a unified non-crop business entity within AVD. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210406005757\/en\/ OHP, the leading provider of technology-based solutions for greenhouse and nursery production applications, was acquired by AMVAC in 2017 to expand its non-crop footprint in the plant production segment. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/","og_locale":"en_US","og_type":"article","og_title":"American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses - Market Newsdesk","og_description":"\u00a0American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses \u00a0American Vanguard \/ AMVAC bring OHP Inc. subsidiary into AMVAC Environmental Products to create a unified non-crop business entity within AVD NEWPORT BEACH, Calif.&#8211;(BUSINESS WIRE)&#8211; American Vanguard\u00ae Corporation (NYSE: AVD) and its subsidiary AMVAC\u00ae Corporation announced today that they are bringing their OHP Inc. subsidiary into the AMVAC Environmental Products (\u201cAEP\u201d) family to create a unified non-crop business entity within AVD. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20210406005757\/en\/ OHP, the leading provider of technology-based solutions for greenhouse and nursery production applications, was acquired by AMVAC in 2017 to expand its non-crop footprint in the plant production segment. The integration of OHP and AEP \u2013 a &hellip; Continue reading \"American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-06T14:26:23+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406005757r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses","datePublished":"2021-04-06T14:26:23+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/"},"wordCount":917,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210406005757r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/american-vanguard-amvac-announce-strategic-integration-of-non-crop-specialty-businesses\/","name":"American Vanguard \/ AMVAC Announce Strategic Integration of Non-crop Specialty Businesses - 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