Company type | A/S |
---|---|
Industry | Chemicals |
Founded | 1938 |
Founder | Gunnar Andreasen |
Fate | Purchased by FMC Corporation |
Headquarters | Lemvig, |
Products | Agrochemicals |
Revenue | DKK 5 billion |
Owner | FMC Corporation |
Number of employees | 2,000+ |
Website | fmcagro.dk |
Cheminova is a Danish global company that primarily produces agrochemicals.[1] Its main activities are the identification, development, production, registration and marketing of pesticides for the management of weeds, insects and fungal diseases in crops.
The company was floated in 1986[2] and is today owned by the American FMC Corporation, which purchased Cheminova for approximately DKK 8.5 billion in 2014.[3] Prior to this, it was owned by Auriga Industries A/S,[2] which was listed on the stock exchange NASDAQ OMX, Copenhagen (Københavns Fondsbørs) and wholly owned by Aarhus Universitets Forskningsfond (English: Aarhus University Research Fund).[4]
Cheminova has subsidiary distribution companies and local representatives in more than 30 countries. The company has an annual turnover in excess of DKK 5 billion, where exports contribute 99%. It has approximately 850 employees in Denmark and over 1200 overseas.