Enkhuizen, The Netherlands, and
Stockholm, Sweden
April 23, 2008
INCOTEC and
Lantmännen have agreed on the sale of SeedGard in Uppsala
(Sweden) to INCOTEC. The companies have agreed that INCOTEC will
take a 49% stake of the Company with an option to buy the
remaining 51% within 2 years.
SeedGard has developed a very sophisticated patented seed
disinfection method using hot air that is successfully being
used by Lantmännen on a large scale on cereal seeds in Sweden.
INCOTEC has received the exclusive worldwide rights to further
develop and market the technology for vegetable and flower
seeds. In the mean time INCOTEC will start promoting the
technology to the agronomic market worldwide except the
Scandinavian and Baltic countries, which will be handled by
Lantmännen.
Peter Annas, manager Seed Treatment, Lantmännen Lantbruk, “We
are very pleased with this partnership with INCOTEC and we
believe that this will give an enormous boost to the global use
of this very successful method to remove seed borne pathogens
from all kinds of seed. We are happy that INCOTEC is our partner
to further improve and add value to this technology and we
believe our growers will see the benefits from this cooperation
very soon ”.
JanWillem Breukink, CEO and President of INCOTEC Group BV, “We
are impressed with the technology developed by SeedGard. It is a
technology that is 100% environmentally friendly and very
suitable for sustainable agriculture. Seed disinfection is one
of our main targets in research and this technology fits in with
our existing product portfolio very well”.
Kenneth Alness, Chairman of the board of SeedGard “We are
excited to start working with INCOTEC. We have many years of
experience with this technology and with the know how and
support of INCOTEC we believe that we can expand our business
rapidly”.
INCOTEC is the leading seed technologies service provider in
vegetable, agronomic, tobacco and flower seeds, with facilities
in Australia, Japan, China, India, Europe, Brazil and the USA.
The company has 285 employees working at the different INCOTEC
locations, 35 of whom are within Research & Development.
Innovation, sustainability, consistent quality and service are
the key elements of success. For more information see
www.incotec.com.
Lantmännen is one of the largest groups in the food, energy and
agricultural industries in the Nordic region. Lantmännen is
owned by 42,000 Swedish farmers, has around 13,000 employees,
operates in 19 countries and has a turnover of SEK 36 billion.
The business area Lantmännen Lantbruk develops and offers
products and services, for crop, grain and livestock production,
that contribute to creating an agriculture that is strong and
competitive. Please read more at
www.lantmannen.com.
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