20 May 2026, Switzerland: Syngenta Group has announced the signing of an agreement to divest its Flowers business into a strategic joint venture with Dümmen Orange, bringing together two companies in ornamental breeding and propagation.
The partnership is aimed at strengthening capabilities in ornamental horticulture while expanding support for growers across global markets. The transaction has been approved by the boards of both companies and remains subject to regulatory approvals. Syngenta Group will retain a significant economic interest in the newly formed joint venture.
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Matthew Johnston, Global Head of Syngenta’s Vegetable Seeds and Flowers business, said the move reflects both the legacy and future direction of the company’s flowers segment.
“We’re proud of the 120-year legacy of our Syngenta Flowers business, and this joint venture allows us to continue honoring that legacy of innovation and passion that our colleagues built over the years,” Johnston said. “This decision also aligns with Syngenta’s commitment to focus future investments in core crops and markets where we have the biggest growth opportunities.”
The new venture will combine Dümmen Orange’s position in cut flowers with Syngenta’s portfolio in seed varieties, annuals, perennials, and potted plants. The companies said the integration of research and development capabilities, production systems, and commercial networks is expected to improve operational efficiency and customer reach.
According to the companies, the combined business will focus on building a more resilient and competitive enterprise within the ornamental horticulture sector. The new entity, which will be named at a later stage, aims to create long-term value for employees, customers, shareholders, and industry stakeholders.
Rabobank acted as exclusive financial advisor to Syngenta, while UBS served as exclusive financial advisor to Dümmen Orange and its shareholders.
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