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Form 8-K AMERICAN VANGUARD CORP For: Apr 06

April 7, 2015 1:22 PM EDT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported): April 6, 2015

 

 

AMERICAN VANGUARD CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-13795   95-2588080

(State or other jurisdiction

of incorporation)

 

Commission

File Number

 

(I.R.S. Employer

Identification No.)

4695 MacArthur Court

Newport Beach, California 92660

(Address of principal executive offices)

Registrant’s telephone number: (949) 260-1200

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events

As reported in a press release dated April 6, 2015, American Vanguard Corporation announced that its international subsidiary, AMVAC Netherlands B.V., had acquired the Nemacur nematicide product line in Europe from Adama Agricultural Solutions Ltd. Financial terms of the acquisition were not disclosed.

The full text of that press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

 

Item 9.01 Financial Statements and Exhibits

 

(d) Exhibits.

Exhibit 99.1:   Press release dated April 6, 2015 of American Vanguard Corporation.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, American Vanguard Corporation has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

AMERICAN VANGUARD CORPORATION
Date: April 7, 2015
By:

/s/ Timothy J. Donnelly

Timothy J. Donnelly
Chief Administrative Officer, General Counsel
& Secretary


INDEX TO EXHIBITS

 

Exhibit No.

  

Description

Exhibit 99.1    Press release of American Vanguard Corporation dated April 6, 2015.

Exhibit 99.1

 

LOGO

FOR IMMEDIATE RELEASE

American Vanguard Acquires Nemacur® Nematicide Assets in Europe

Newport Beach, California... April 6, 2015 – American Vanguard Corporation (NYSE: AVD), through its international subsidiary AMVAC Netherlands B.V., today announced the acquisition of Adama Agricultural Solutions Ltd.’s European Nemacur® insecticide/nematicide business assets. Financial terms of the agreement were not disclosed.

The assets acquired include all trademarks, product registrations, associated registration data, and customer information that relates to the marketing and sale of this crop protection product in Europe. Nemacur is a highly effective insecticide/nematicide used to control soil insects and nematodes on many fruit and vegetable crops.

Eric Wintemute, Chairman & CEO of American Vanguard commented: “Having previously acquired Nemacur assets outside of Europe from Bayer Crop Science in 2010, this purchase completes our worldwide ownership of this proven crop protection product. It represents an important addition to our existing insecticide portfolio and will significantly enhance our international expansion initiative.”

Ad de Jong, Managing Director of AMVAC Netherlands B.V. and International Marketing and Sales Director commented: “This acquisition strengthens considerably our competitive position in Europe for high value fruit and vegetable crops. We look forward to working with the Adama team that will be appointed as AMVAC’s distributor for Nemacur in Greece, Italy, Portugal and Spain.”

About American Vanguard

American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. American Vanguard is included on the Russell 2000® & Russell 3000® Indexes and the Standard & Poors Small Cap 600 Index. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.

In its public commentary, the Company may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company’s management subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.

 

Contact Information

American Vanguard Corporation

William A. Kuser, Director of Investor Relations

(949) 260-1200

[email protected]

The Equity Group Inc.

Lena Cati

(212) 836-9611 / [email protected]

www.theequitygroup.com



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