Pace International Chile merges with Valent BioSciences Chile to leverage market position, operational efficiencies

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Publish time: 30th June, 2015      Source: Wapato, Washington, USA
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Pace International Chile merges with Valent BioSciences Chile to leverage market position, operational efficienciesPace International Chile merges with Valent BioSciences Chile to leverage market position, operational efficiencies" title="Share this link on Facebook">Wapato, Washington, USAJune 29, 2015Pace International, LLC (Pace), the global leader inpostharvest solutions, technologies and services for the fruit industry, has announced it willmerge its Pace International Chile Business with Valent BioSciences Chile, effective August 1st.Pace was acquired by Valent BioSciences Corporation (VBC) in December 2012. Both VBC andValent BioSciences Chile are wholly owned subsidiaries of Sumitomo Chemical Company(SCC).The merger will be accomplished through the creation of a new Postharvest Division withinValent BioSciences Chile. Through the integration, Pace will significantly expand its operationalstrength in the areas of customer service, logistics, administration, trading capacity, andgeographic coverage within the region. At the same time, Pace will maintain continuity and itsrelationships with existing customers in Chile, Latin America & South Africa and the entire Salesand Field staff will become employees of Valent BioSciences Chile.“This merger is an important next step in the strategic vision of Pace and the SCC group,” saidRoberto Carpentier, Executive Vice President and Chief Operating Officer of Pace. “When wecreated Pace International Chile in 1999, we did so as a means to strengthen our offering ofindustry-leading postharvest solutions to a regional market that is renowned for the quality of itsfruit production. This integration with Valent BioSciences Chile will consolidate that process.”Gonzalo Maturana, General Manager of Valent BioSciences Chile, said the move illustrates theunique capabilities that the SCC group has put forward on a global scale. “As the onlymultinational solutions provider with a portfolio that includes conventional, biorational, andpostharvest products,” said Maturana, “the SCC group continues to expand their distinctivemarket presence by bringing our knowledge, cultures, and technologies together in ways thatcreate unique value not only in Chile, Latin America and South Africa, but for our customersaround the world. We are excited about this development and the opportunities it creates for ourcustomers and our respective organizations.”About Valent BioSciences Chile S.A.Valent BioSciences Chile is subsidiary of Valent BioSciences Corporation, a SumitomoChemical Company. With more than 20 years in the market, Valent BioSciences Chile was thefirst company within the Chilean Crop Protection Industry to incorporate conventional andbiorational proprietary products into their own portfolio. Valent BioSciences Chile is wellrecognized for working closely with end users and distribution, offering integrated solutions asspecialized products with strong field support for Crop Protection and Crop Production needs bythe Chilean growers. Valent BioSciences Chile is headquartered in Santiago, Chile and hasSales and Technical service personnel nationwide. The company web site is www.cnchemicals.com Pace International, LLCPace International LLC is a subsidiary of Valent BioSciences Corporation, a SumitomoChemical Company. Pace collaborates with growers, packers and agricultural organizations todevelop innovative solutions to enhance, protect, and preserve fruit and vegetable quality. Paceis the leading provider of postharvest solutions and technologies, equipment and technicalservices and its goal is to maximize efficiencies in packing operations and increase the value ofcrops being processed. Pace International LLC is headquartered in Wapato, Washington, USAwith R&D, Manufacturing and Administration in Wapato, WA and Sales and Technical ServiceOffices around the world. For more information, visit the company’s website www.cnchemicals.com Valent BioSciences CorporationHeadquartered in Libertyville, Ill., Valent BioSciences Corporation is a subsidiary of TokyobasedSumitomo Chemical Company. Valent BioSciences is the worldwide leader in thedevelopment, manufacturing and commercialization of biorational products, with sales in 95countries around the world. Valent BioSciences is an ISO 9001:2008 Certified Company. Foradditional information, visit the company’s website at www.cnchemicals.com Sumitomo Chemical Company, LimitedHeadquartered in Tokyo, Japan, Sumitomo Chemical Company is one of Japan’s leadingchemical companies, offering a diverse range of products globally in the fields of petrochemicals,energy and functional materials, IT-related chemicals and materials, health and crop scienceproducts, and pharmaceuticals. The company’s consolidated net sales for fiscal year 2014 wereJPY 2.38 trillion. For additional information, visit the company’s website at www.cnchemicals.com news from:. Valent BioSciences Corporation. Pace International, LLC. Sumitomo Chemical Co.Website: http://www.cnchemicals.com/: June 30, 2015The news item on this page is copyright by the organization where it originatedFair use notice