Redag Crop Protection Announces The Sale of its Discovery Division to Globachem NV

Redag retains lead assets with the deal providing partial exit for Redag’s UK Investors Redag Crop Protection Ltd, a UK agrochemical discovery company, has today announced the sale of its discovery and early development division to Globachem NV, retaining the lead assets for continued development to commercialisation. With this new acquisition, Globachem continues its already fast-growing development. Globachem Discovery Ltd, the new name of the acquired company, will enhance and strengthen Globachem Group capabilities in Research and Development. The partial sale will allow Redag to focus on the development of the two lead assets, a broad spectrum herbicide and a potato blight fungicide wit

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