FMC Corp

FMC: XNYS (USA)
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FMC Considering Asset Sales or Potential Sale of Company to Reduce Debt

Business Strategy and Outlook

FMC is a pure-play crop chemical producer. It is one of the five largest patented crop protection companies globally. FMC built its portfolio largely through acquisition. The firm acquired Cheminova in 2015 and DuPont's crop chemical portfolio in 2017. At the same time, it divested its nonagriculture businesses. Following a multiyear downturn and patent expirations of its key product portfolio, management is considering asset sales, licensing, or a potential sale of the company.

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