Bonide to be Acquired by Control Solutions
Control Solutions Inc. (CSI), a Pasadena, Texas, based provider of solutions to the pest control, turf, and ornamental and professional animal health care markets, has announced that it has agreed to acquire Bonide Products Inc.
Established in 1926, Bonide is a family-owned company providing pest-control solutions for the consumer home and garden market.
The acquisition of Bonide will provide CSI with enhanced access to the large U.S. consumer home and garden market, allowing it to bring its advanced formulation technologies and differentiated portfolio of pest-control and turf solutions directly to the benefit of the U.S. consumer.
Mark Boyd, president and CEO of CSI, said, “We are delighted to welcome Bonide into the CSI family. Over the last nine decades, the Wurz family has built one of the most respected names in pest control solutions for the Home & Garden market. We are committed to continuing to nurture and enhance this unique brand by adding new and differentiated products to the Bonide portfolio, bringing a range of new solutions to the U.S. consumer.”
“Bonide looks forward to joining Mark and the CSI team,” said Jim Wurz, president and CEO of Bonide. “This has been a union in the making for many years — two companies with similar culture and highly complementary businesses. We are excited about the vast potential positive impact on employees, customers, and the marketplace in general.”
The acquisition is expected to close during the fourth quarter of 2018, subject to customary closing conditions and required regulatory approvals. Terms of the transaction were not disclosed.