Dow AgroSciences Expands Seed Platform in Brazil
August 10, 2007| |
Dow AgroSciences recently announced the acquisition of Agromen Tecnologia Ltda, a Brazilian company, in a move to strengthen its position in the Brazilian corn seeds market. The agreement includes all commercial, production, and research and development assets of the corn seeds business of Agromen. Agromen, in turn, will provide new opportunities for sales of Herculex™Insect Resistance corn, now awaiting Brazilian regulatory approvals.
“The expanded seed platform that we are building with both this acquisition and the recent acquisition of assets of the Europe-based corn germplasm provider Maize Technologies International will enable us to leverage superior Dow and Dow AgroSciences input and output traits in key crops around the world, for both agricultural and industrial uses," said Jerome Peribere, Dow AgroSciences president and chief executive officer.
Read the press release at http://www.dowagro.com/newsroom/corporatenews/2007/20070801a.htm.
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