DLF Seeds has announced that it to acquire PGG Wrightson Seeds. DLF are a leading supplier in the Northern hemisphere, and PGG are much the same in the south. The combined business is a significant strategic leap towards a substantial global presence.
PGG Wrightson Seeds handles many of Europe’s top-rated bent grasses including Manor and Arrowtown. It also has activities in New Zealand, Australia, Uruguay, Argentina and Brazil.
DLF operates complementary business market coverage and distribution capabilities. The combined business will allow for continued investments at the highest level. It will offer end-users better seed solutions through research and plant breeding.
DLF chief executive Truels Damsgaard said: “The world is changing with new plant breeding technologies. These offer quicker and better tailored solutions to diverse amenity conditions. To stay ahead of the competition, it is of utmost importance to gain scale in your business. Moreover, it must support biotechnology, while minimising timescales and risk.
“With this acquisition DLF not only achieves such scale, we also gain a strong supply chain and market coverage in the Southern Hemisphere. This positions DLF uniquely in the global forage and turf seed space.”
PGG Wrightson chief executive Ian Glasson added: “The seeds business will benefit from being part of a global company with a diversified offering.”
The transaction remains subject to regulatory approvals and should close within the next six months.
To find out more information on DLF Seeds, please click here. Alternatively, to find out more information on PGG Wrightson Seeds, please click here.
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