In light of the recent press releases regarding its acquisition, Zeraim Gedera wishes to send the following message to its customers, suppliers and business partners worldwide:

Zeraim Gedera has been active in fund-raising with a view to exploit its present excellent situation and potential for speedy growth. This process turned out to become a sale of part of the Company’s shares. 

As a result of a dispute between two potential buyers, an Israeli fund called Markstone and European Sakata Holding, the issue was brought in front of the Israeli Courts, which should inform this week (Week 38) when the hearing will take place. To date, Zeraim Gedera did not change its ownership. 

Zeraim Gedera hopes that this process will be quick, is fully committed to the agreements it has with all its customers, suppliers and business partners, and will continue serving farmers worldwide with the best varieties and professional service.

Related news release: Sakata confirms interest in Zeraim Gedera