Basel, Switzerland
October 21, 2008
Syngenta announced that it has acquired
Resource Seeds, Inc.
(RSI) as part of its acquisition of RSI's flower seeds parent
company Goldsmith Seeds, Inc. announced earlier today. RSI has a
market leading position in the California wheat and triticale
markets and a strong market presence in triticale across the US.
"RSI's outstanding record as world-class breeders specifically
complements Syngenta's leading North America presence in
cereals," said Robert Bruns, Head of Syngenta North American
Cereal Seeds. “We are excited at the prospect of providing a
broader offering of products to our customers."
Syngenta NAFTA Cereals Seeds is headquartered in Berthoud,
Colorado. RSI has been headquartered in Gilroy, California,
since its 1990 inception. The company has several breeding and
production facilities in California and a strong triticale
testing and market support network spread across the rest of the
US that Syngenta will support as part of its NAFTA R&D and
business operations.
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
2007 were approximately $9.2 billion. Syngenta employs over
21,000 people in more than 90 countries. Syngenta is listed on
the Swiss stock exchange (SYNN) and in New York (SYT). |
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