Consolidation in Floriculture Breeding
February 20, 2019
In January 2019, Verdant released its annual Agribusiness M&A and Investment Review which featured summaries of observations and expectations for key trends in our sector. Over the course of the next several weeks, we will provide full reports on several of those summarized topics. The initial report is a unique feature on the changing dynamics and challenges facing the global vegetable seed industry. Please check below to view this report.
Dr. Jan Pen, Advisor to Verdant Partners, provides statistics and reflections on the consolidation drivers in floriculture and how closely held companies should approach strategy and succession planning in the changing marketplace.
Considerable M&A activity in floriculture breeding took place in 2018, despite the diminished acquisition pace of Dümmen Orange. Acquisitions made by PanAmerican Seed, Syngenta Flowers, Sakata Ornamental, Beekenkamp Plant, and Nimbus, among others, helped keep activity in floriculture high. For the foreseeable future while independent family businesses remain focused on one or a limited number of crops, consolidation in the floriculture industry is expected to continue. Drivers are the need for accessing new breeding technologies, succession issues in family-owned businesses, and the need for economies of scale.
Click Here for the Full Report
More news from: Verdant Partners LLC
Website: http://www.verdantpartners.com Published: February 20, 2019 |