Syngenta Acquires Monsanto's Global Sunflower Seed Business
August 7, 2009| |
Syngenta signed an agreement to absorb Monsanto's sunflower seed business including germplasm, development and breeding of hybrid sunflower seeds. Sunflower oil is a high value vegetable oil which is low in saturated fats. Sunflowers are grown globally on about 24 million hectares.
"This acquisition is an excellent addition to our global sunflower business. These activities will further strengthen our position in Europe and Latin America, key regions for growing sunflowers, and expand the range of our offer to growers," said Davor Pisk, Chief Operating Officer Syngenta Seeds.
View Syngenta's press release at http://www.syngenta.com/en/media/mediareleases/en_090806.html
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