Miami-based Platform Specialty Products Corp. plans to acquire Arysta LifeScience Ltd. for $3.5 billion, pending regulatory approval.
Platform, owned by international equity firm Permira, had previously acquired Chemtura AgroSolutions and Agriphar, a European agricultural chemical company.
Arysta, with 3,600 product registrations in more than 100 countries, had net sales of $1.5 billion in 2013, according to a news release. Among its ag chemicals are Captan and Orthene insecticides, Envito stribilurin fungicide, and Everest and Select herbicides.
Arysta president and chief executive officer Wayne Hewett is expected to join Platform's senior leadership team as president and will lead the three ag chemical businesses.