DGAP-News: KWS SAAT AG / Key word(s): Strategic Company
Decision/Acquisition
KWS SAAT AG: KWS enters Brazilian Seed Market
02.07.2012 / 07:32
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Einbeck, July 2, 2012
No. 29 | ho
KWS enters Brazilian Seed Market
- Acquisition of two breeding companies and entrepreneurial participation
in a corn seed production and sales enterprise -
KWS enters the Brazilian seed market for tropical corn through the
acquisition of the two breeding companies SEMÃLIA GENÃTICA E MELHORAMENTO
LTDA. and DELTA PESQUISA E SEMENTES LTDA., as well as an entrepreneurial
partnership with RIBER SEMENTES LTDA, a corn seed production and sales
enterprise. Hence, KWS expands its activities into the tropical corn
segment for the first time. With approx. 14 mio. ha, Brazil is the third
largest corn market in the world.
SEMÃLIA and DELTA, acquired on June 1, 2012 are located in Paraná and run
four breeding stations in Brazil. On July 1st, 2012 both companies merged
to form KWS BRASIL PESQUISA & SEMENTES LTDA. The breeding programs of this
new company will be carried out under KWS leadership in cooperation with
the previous owners, Francisco Terasawa (SEMÃLIA) as well as Iran de
Azevedo Duarte and Valdemar Naspolini Filho (DELTA).
As of July 1, 2012, KWS acquired a majority shareholder position in RIBER,
and the name of the company was changed to RIBER - KWS SEMENTES S.A. This
company, located in the Brazilian state of Minas Gerais, will continue its
focus on the Brazilian market through offering GM corn hybrids and soybean
varieties. RIBER - KWS will continue to work with license partners and KWS
to offer top-performing products to farmers throughout Brazil. Our partner
and co-owner Cláudio Nasser de Carvalho is the CEO of RIBER - KWS.
'We are looking forward to entering the Brazilian market together with
these three excellent companies and their employees', stated Christoph
Amberger, responsible for corn in the Executive Board of KWS. 'The new
colleagues with their expertise concerning the products and the market
combined with KWS global breeding competence provide a good platform for
future growth in this important seed market', Amberger continued.
Contact:
Dr. Henning von der Ohe
Head of Corporate Development an Communications
Fon: +49(0)5561/311-245
henning.vonderohe@kws.com
KWS SAAT AG
GrimsehlstraÃe 31
37555 Einbeck
End of Corporate News
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Language: English
Company: KWS SAAT AG
GrimsehlstraÃe 31
37555 Einbeck
Germany
Phone: +49 (0)5561 311-0
Fax: +49 (0)5561 311-322
E-mail: info@kws.com
Internet: www.kws.de
ISIN: DE0007074007
WKN: 707400
Indices: S-DAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), Hannover;
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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176113 02.07.2012
DGAP-News: KWS SAAT AG: KWS enters Brazilian Seed Market
| Source: EQS Group AG