Waterbury Companies Inc., a portfolio company of Wind Point Partners, has sold its CB Professional Products line of insect control products to FMC Corp. (NYSE: FMC). No financial terms were disclosed.
FMC Corporation (NYSE: FMC) announced today that it has acquired the CB Professional Products line of insect control products from Waterbury Companies, Inc. The acquired product portfolio includes a complete line of aerosol sprays as well as baits, fly lights, foggers and other products that are marketed to pest management professionals in North America. The products will be sold through FMC Professional Solutions, a business unit of FMC’s Agricultural Products Group. Terms of the transaction were not disclosed.
“We are delighted about bringing the highly respected CB Professional Products line into FMC,” said Dan Rosenbaum, business director of FMC Professional Solutions. “This acquisition fits with our strategic goal of being able to offer a broad product portfolio to pest control distribution and a comprehensive set of solutions to pest management professionals.”
FMC Corporation is a diversified chemical company serving agricultural, industrial and consumer markets globally for more than a century with innovative solutions, applications and quality products. The company employs approximately 5,000 people throughout the world and operates its businesses in three segments: Agricultural Products, Specialty Chemicals and Industrial Chemicals.