WS Investor
09 Sep 2026, 16:05
Corteva and Globachem Form 50/50 Joint Venture to Develop New Crop Protection Solutions
Corteva (NYSE: CTVA) and Belgium-based Globachem entered into a definitive agreement to establish a 50/50 joint venture focused on developing and commercializing new crop protection products across Europe and the Americas.
The independently operated venture will combine late-pipeline and commercial-stage technologies from both companies to develop, register and market differentiated crop protection solutions. Products developed through the partnership may ultimately be commercialized independently by either or both parent companies.
The agreement expands an existing multi-year partnership between Corteva and Globachem, combining Corteva’s crop protection pipeline and discovery capabilities with Globachem’s expertise in formulation, product development and regulatory execution.
Corteva said the collaboration will also help strengthen its portfolio as it prepares for its planned separation into a standalone crop protection company.
New products developed by the venture are expected to reach the market in the early 2030s through established commercial channels. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals.
Corteva (NYSE: CTVA) and Belgium-based Globachem entered into a definitive agreement to establish a 50/50 joint venture focused on developing and commercializing new crop protection products across Europe and the Americas.
The independently operated venture will combine late-pipeline and commercial-stage technologies from both companies to develop, register and market differentiated crop protection solutions. Products developed through the partnership may ultimately be commercialized independently by either or both parent companies.
The agreement expands an existing multi-year partnership between Corteva and Globachem, combining Corteva’s crop protection pipeline and discovery capabilities with Globachem’s expertise in formulation, product development and regulatory execution.
Corteva said the collaboration will also help strengthen its portfolio as it prepares for its planned separation into a standalone crop protection company.
New products developed by the venture are expected to reach the market in the early 2030s through established commercial channels. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals.
