BEIJING, CHINA--(Marketwired - Jul 23, 2015) - Agria Corporation (
Mr. Alan Lai, Executive Chairman of Agria and Chairman of the PGW Board, commented, "We are pleased with PGW's purchase of Grainland. This transaction represents another step in Agria and PGW's collective efforts to execute on a global growth strategy, improve efficiency and productivity for its customers, and further internationalize our operations."
PGW Chief Executive Officer, Mark Dewdney, said, "We continue to grow our Australian business through the acquisition of strategic assets. Grainland offers PGG Wrightson Seeds ("PGW Seeds") a favorable entry point into the highly productive cropping market of Northwestern New South Wales. The acquisition aligns well with our strategy to grow our proprietary arable seeds business, and when coupled with our existing capability in the central New South Wales town of Forbes, gives us state wide coverage of the grains industry."
Grainland General Manager John Shepherd said, "PGW Seeds, with its much broader range of crop and pasture seed products backed by plant breeding capability, will open up new opportunities for Grainland's suppliers and customers. We're pleased to be handing the business over to such a well-resourced and respected company."
PGW's Group General Manager of Seed & Grain, John McKenzie, commented, "Grainland has been a respected and reliable provider of high quality planting seed since 1993. Grainland's business culture aligns well with PGW Seeds' commitment to improving farmer productivity through high performance planting seeds."
PGW Seeds owns or holds licenses to produce and sell a full range of crop and pasture seed products in Australia.
About Agria Corporation
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