Bayer Cropscience’ Nunhems Acquires Korean Seed Company
July 20, 2007| |
Bayer CropScience vegetable seed business, Nunhems, has completed the acquisition of the South Korean vegetable seed company SeedEx which specializes in the breeding, production and marketing of hot pepper and Brassica varieties. Both crops belong to the most important vegetable crops in Asia in terms of acreage and consumption.
Mr. Douwe Zijp, Chief Executive Officer of Nunhems comments: “The acquisition of SeedEx is an important step to strengthen our market position in Hot Pepper and Brassica in Asia. The SeedEx team with its well recognized breeding competence and market know-how will be an excellent reinforcement of our global teams.”
To read more, visit http://www.bayercropscience.com/bayer/cropscience/cscms.nsf/id/20070713?open&ccm=400.
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