FMC Corp (FMC) Divests GSS Business to Envu for $350 Million
FMC (FMC) ZACKS·2024-07-12 15:11
FMC Corporation (FMC) announced a definitive agreement to sell its Global Specialty Solutions (GSS) business to Environmental Science US, LLC, known as Envu. Dedicated to innovations that enhance environmental health, Envu will acquire the GSS business for $350 million, subject to closing working capital adjustment.In November 2023, FMC disclosed its plans to explore strategic options for GSS, which offers a diverse range of products for non-crop markets such as golf courses, professional sports stadiums an ...