Strategic alliance between Chem China and Syngenta as a basis for turning China into the agrochemical power

The aim of the article is to recognize the impact of mergers and acquisitions conducted by Chinese companies in the area of agribusiness, on shaping the technological potential of the agri-food sector in China, on the example of a USD 43 billion worth takeover of the Swiss agribusiness giant – Syngenta, by the Chinese state owned chemical giant – ChemChina. The analysis covers both, the circumstances that led companies to conclude this agreement and its anticipated effects in face of implementation of the Chinese government’s strategy aimed at modernizing the agri-food industry of the country. An important background for the analyzes are created by the basic trends currently observed in the Chinese agri-food sector. The basic method adopted in the article is the case study analysis, which allows for a thorough diagnosis of the subject of the study, taking into account specific factors affecting the various stages of the merging process between the analyzed companies. The documents on the assumptions and directions of the implementation of the Chinese government’s strategy in the agri-food sector, as well as reports presenting trends in the development of Chinese agribusiness and the role of new technologies in shaping this development have also been used.