OHP Sold to American Vanguard
Chemical distributor OHP, perhaps best known for launching the very successful systemic insecticide Marathon at the height of poinsettia whitefly onslaught of the mid-’90s, has been sold to American Vanguard Corporation (NYSE:AVD).
American Vanguard Corporation (AMVAC) 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.
“After so many years of involvement in this industry, I am confident that AMVAC represents an ideal owner to foster and grow the OHP business well into the future,” says Ron Soldo, CEO of OHP, Inc. Ron founded OHP in 1988.
According to the press release, OHP will continue to operate as it has in the past and there will be no changes to staff, products, customers or operations. AMVAC will operate the business as a wholly owned subsidiary under the name of OHP, Inc. Dan Stahl will continue on as General Manager, reporting directly to Bob Trogele, AMVAC COO. GT