Asset Manager

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FMC Corporation

FMC Corporation is a company founded in 1883 in Philadelphia, Pennsylvania. It focuses on agricultural sciences and invests in venture capital and agriculture.

FMC Corporation

FMC Corporation is a company founded in 1883 in Philadelphia, Pennsylvania. It focuses on agricultural sciences and invests in venture capital and agriculture. Its sector focus includes biotechnology and life sciences.

General information

Firm type

Asset Manager

Year founded

1883

Location

Region

North America

Country

United States

City

Philadelphia

Corporate office

Philadelphia, PA, United States

Principals

Pierre Brondeau

Chairman and Chief Executive Officer

Sector focus

AgriTech & FoodTechEnergy Transition & RenewablesHealthcare Services

Frequently asked questions

What does FMC Corporation actually do today?

FMC is an agricultural sciences company that develops and sells crop-protection products — insecticides, herbicides, fungicides — alongside a growing biologicals platform and precision-agriculture technologies. The firm exited lithium, food ingredients, and health-and-nutrition businesses over the last decade and now generates effectively all revenue from the agricultural sector (per the firm's 2023 10-K).

How did FMC become a pure-play agricultural company?

In 2017 FMC executed a transformative asset swap with DuPont, exchanging its health-and-nutrition business for a substantial portion of DuPont's crop-protection portfolio and $1.2 billion in cash. The transaction was part of DuPont's regulatory remedy required for its merger with Dow. Before that, FMC had already divested its lithium, soda ash, and hydrogen peroxide businesses under CEO Pierre Brondeau.

Does FMC operate a corporate venture capital arm?

Yes. FMC Ventures invests directly in early-stage companies focused on soil health, agricultural robotics, and digital agronomy. Known portfolio positions include Trace Genomics (a soil-DNA analytics company) and Guardian Agriculture (an electric vertical-takeoff-and-landing crop-spraying system).

What is FMC's geographic revenue footprint?

Latin America and Asia together account for the majority of the company's crop-protection revenue, with Brazil and India representing the largest single-country exposures outside the United States (per the firm's segment reporting). The November 2023 reorganization into two geographic units — North America/Latin America and Asia/EMEA — formalized that operational concentration.

Who runs investment and strategic decisions at FMC Ventures?

FMC Ventures operates as a dedicated team within the corporate structure, reporting through the chief technology officer and ultimately to CEO Pierre Brondeau. The firm has not publicly named a standalone Ventures managing director as of mid-2024.

Is FMC a family office or a public company?

FMC Corporation is a publicly traded company listed on the New York Stock Exchange under the ticker FMC. It is not a family office, though it occasionally appears in family-office databases due to the longevity of its corporate pension plan and its direct venture investment activity.

What is the Rynaxypyr franchise and why does it matter?

Rynaxypyr (chlorantraniliprole) is FMC's flagship diamide insecticide active ingredient, acquired with the DuPont crop-protection portfolio in 2017. Along with the related compound Cyazypyr, the franchise generated peak annual revenue exceeding $1.5 billion and anchored FMC's insecticide segment through patent protection that expired in key markets during 2022–2023 (per the firm's 10-K filings).

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