Biotech Updates

Syngenta to Acquire Israeli Vegetable Seeds Company

July 13, 2007

Syngenta recently announced its impending acquisition of Zeraim Gedera Ltd., a high quality Israeli vegetable seeds company focusing on high-value crops, including tomato, pepper and melon. Syngenta will buy all outstanding shares in the company from Markstone Capital Partners, an Israeli private equity group. This acquisition will reinforce the growth and quality of Syngenta’s vegetable seeds business.

The transaction is expected to close in 2007 pending regulatory approvals. Read the press release at http://www.syngenta.com/en/media/press/2007/07-09.htm