Dow AgroSciences Acquires Netherlands Based Duo Maize
August 31, 2007| |
Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, has announced that it will continue to expand its global corn germplasm portfolio and corn business with the acquisition by its affiliate Agrigenetics, Inc. of Duo Maize, a corn germplasm company focused primarily on early maturing germplasm silage applications for northern climates. Duo Maize is based in Rossum, Netherlands. The agreement includes all of the corn silage germplasm developed by Duo Maize.
“The technology will further enhance and expand the strong silage market presence Dow AgroSciences has achieved in the U.S. with our silage specific product line as well as position Dow AgroSciences as a key player in European silage applications along with our existing corn product offering,” said Jerome Peribere, Dow AgroSciences president and chief executive officer. “The Duo Maize technology will complement the breeding program and germplasm we recently acquired from Maize Technologies International (MTI), an Austrian-based corn seed company.”
More at http://www.dowagro.com/newsroom/corporatenews/2007/20070830a.htm
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