Des Moines, Iowa
March 22, 1999Pioneer Hi-Bred International, Inc. announced it has
acquired Dois Marcos, a soybean seed breeding and marketing company, located in
Cristalina, Brazil.
Dois Marcos, a small regional company, established a soybean-breeding program in 1987 in
the
Brazilian state of Goias. The Cristalina area of Goias is recognized as a region well
suited for
soybean breeding.
The company has been marketing commercial soybean varieties for two years in the Cerrado
area
of Brazil.
Purchase price and details of the acquisition were not disclosed.
"We will utilize the germplasm developed in Brazil, by Dois Marcos, to enhance our
soybean lines worldwide,'' said Rick McConnell, Pioneer senior vice president for research
and product
development. "We continue to improve the disease and pest resistance of our soybean
varieties.
This germplasm along with our other genetic enhancement technologies improves our ability
to do
that.''
Pioneer Hi-Bred International, Inc. is the world's leading supplier of agricultural
genetics and is the
leading developer and integrator of agricultural technology. Headquartered in Des Moines,
Iowa,
Pioneer develops, produces, and markets a full line of seeds, forage and grain additives
and
services to grain and livestock producers, grain processors and other customers worldwide.
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