Arva, Ontario
October 20, 2004
Syngenta Seeds Canada, Inc.
announced today that effective immediately it is discontinuing
sales of Garst brand in Canada. This decision was necessary
because in Canada, Syngenta was not able to reach commercial
agreement with the supplier of RR and Bt technology currently in
Garst brand hybrids following Syngenta’s completion of the
acquisition of Garst in early September.
This announcement discontinues the sale of Garst brand RR and Bt
hybrids in Canada. Conventional hybrids formerly sold under
Garst brand will continue to be sold under the NK brand in
Canada. Sales of Garst brand products in the United States are
not affected. Syngenta will cease all sales under the Garst
brand name in Canada.
Syngenta is working with Garst employees, dealers and customers
in Canada to mitigate the effects of the decision.
Syngenta will continue
to provide Canada’s corn growers with leading conventional and
technology hybrids.
Syngenta is a world-leading agribusiness committed to
sustainable agriculture through innovative research and
technology. The company is a leader in crop protection, and
ranks third in the high-value commercial seeds market. Sales in
2003 were approximately US$ 6.6 billion. Syngenta employs some
19,000 people in over 90 countries. Syngenta is listed on the
Swiss stock exchange (SYNN) and in New York (SYT). |