Plant Health Care PLC New Distribution Agreement with Wilbur-Ellis (2664D)
25 June 2019 - 4:01PM
UK Regulatory
TIDMPHC
RNS Number : 2664D
Plant Health Care PLC
25 June 2019
25 June 2019
PLANT HEALTH CARE plc
("Plant Health Care" or the "Company")
New Distribution Agreement for Harpin <ALPHA>ß with
Wilbur-Ellis Company LLC
Plant Health Care(R) , a leading provider of novel
patent-protected biological products to global agriculture markets,
announces a new distribution agreement with Wilbur-Ellis Company
LLC, a leading U.S. agriculture distributor, for exclusive access
to Employ(R) , a commercial brand for Harpin <ALPHA>ß, for
use in U.S. specialty crop markets.
Highlights:
- Plant Health Care has signed an agreement with Wilbur-Ellis,
one of the largest U.S. agriculture distributors, for distribution
of Harpin <ALPHA>ß (Employ) in the U.S.
- Wilbur-Ellis will market Employ into the specialty crops
market, which is estimated to be over 7 million acres in the
U.S.
Wilbur-Ellis, a recognized leader in precision agriculture
technology and the marketing and distribution of plant protection,
seed and nutritional products in the US market, has agreed to be
the exclusive distributor for Employ, containing Plant Health
Care's Harpin <ALPHA>ß technology, for applications to
specialty crops (fruits and vegetables) in the U.S. Specialty crops
comprise more than 7 million acres in the U.S.
Harpin <ALPHA>ß works by triggering the plant's own self
defense systems, in a manner similar to vaccinations in humans. The
plant responds with improved vigor, healthy growth, heightened
defense response and, ultimately, increased yield. Being a
biological product, Harpin <ALPHA>ß has a very favorable
human and environmental safety profile.
Employ provides benefits for the growers of fruits and
vegetables through increased yield and quality. Employ was
recognized as Best New Biological Product at the Agrow Awards in
November 2018. This new agreement with Wilbur-Ellis will
substantially increase the number of growers introduced to the
product.
Jesse Rosales, Wilbur-Ellis Branded Technologies Portfolio
Manager commented:
"The addition of Employ to our branded offerings is a meaningful
step forward to becoming a distribution market leader in the
biological solutions space. We are very excited about growing this
product in key specialty crops regions like Washington, Oregon,
Michigan and the broader Northeastern U.S."
Jeff Tweedy, Plant Health Care Chief Operating Officer
noted:
"With this new agreement, Employ will have the power of a major
distributor in the U.S. specialty crop market, for the first time.
Wilbur-Ellis has great trust and respect with specialty crop
growers and will be a great partner to expand the growth of Employ
on these crops. This latest distribution agreement with
Wilbur-Ellis for specialty crops further reinforces Plant Health
Care's commercial expansion in the U.S."
About the Wilbur-Ellis Companies
Founded in 1921, the Wilbur-Ellis companies are leading
international marketers and distributors of agricultural products,
animal feed and specialty chemicals and ingredients. By developing
strong relationships, making strategic market investments and
capitalizing on new opportunities, the Wilbur-Ellis companies have
continued to grow the business with sales now over $3.2 billion.
www.wilburellis.com.
Wilbur-Ellis Agribusiness generates more than $2 billion in
sales revenue annually and has over 160 branch locations throughout
the U.S.
About Plant Health Care:
Plant Health Care is a leading provider of novel
patent-protected biological products to global agriculture markets.
The Company's ordinary shares have been quoted on the Alternative
Investment Market ("AIM") of the London Stock Exchange since July
2004. Plant Health Care has global reach through operating
subsidiaries and supply agreements with major industry partners.
For more information, please visit www.planthealthcare.com.
For further information, please contact:
Plant Health Care plc
Chris Richards, Executive Chairman and Interim CEO Tel: +1 919
926 1600
Jeff Tweedy, COO
Arden Partners plc - Broker and Nomad
John Llewellyn-Lloyd / Dan Gee-Summons Ccorporate Finance) Tel: +44 (0) 20 7614 5900
Fraser Marshall (Equity Sales)
Company website: www.planthealthcare.com
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END
AGRCKQDQDBKBKAB
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