Indianapolis, Indiana
September 2, 2008
Dow AgroSciences LLC announced today that it has finalized
the acquisition of
Dairyland Seed Co., Inc., and Bio-Plant Research Ltd. Dow
AgroSciences previously announced the agreement to acquire
Dairyland Seed and Bio-Plant Research on August 8, 2008.
Financial terms of the agreement were not disclosed.
“Dairyland Seed’s investment in R&D, its product portfolio and
brand will strengthen our corn, soybean and alfalfa business,”
said Jerome Peribere, president and CEO, Dow AgroSciences.
“Going forward, Dairyland Seed customers will have additional
access to industry leading germplasm and technology for their
Dairyland branded corn, soybean, and alfalfa seed and increased
access to superior traits like HERCULEX® Insect Protection
traits, SmartStax™, Dow Herbicide Tolerance (DHT) technology and
future technologies.”
Dairyland Seed began its seed business in 1907 and has built
an established dealer network throughout the Upper Midwest with
international sales in more than 20 countries. Primary research
locations are at Clinton, Wis; Gibson City, Ill.; Otterbein,
Ind.; Gilbert, Iowa; and Sloughhouse, Calif. It has plant
breeding programs in hybrid alfalfa, hybrid corn and soybeans.
Dairyland Seed is headquartered in West Bend, Wisconsin.
Located in Camp Point, Illinois, Bio-Plant Research has been
representing alfalfa, soybean and wheat genetics developed by
world-renowned plant breeding programs since its inception in
1986. Bio-Plant serves more than 200 seed company licensee
customers.
Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a
top-tier agricultural company that combines the power of science
and technology with the "Human Element" to constantly improve
what is essential to human progress. Dow AgroSciences provides
innovative technologies for crop protection, pest and vegetation
management, seeds, traits, and agricultural biotechnology to
serve the world's growing population. Global sales for Dow
AgroSciences, a wholly owned subsidiary of The Dow Chemical
Company, are $3.8 billion.
HERCULEX® Insect Protection technology by Dow AgroSciences and
Pioneer Hi-Bred.
®HERCULEX is a registered trademark of Dow AgroSciences LLC
™SmartStax is a Trademark of Monsanto Technology LLC
Other news
from Dairyland
Seed Co., Inc. |
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