Monsanto to Buy Seed Firm for $863 Million

Monsanto says it has signed a definitive agreement to acquire De Ruiter Seeds Group (Bergschenhoek, the Netherlands), a provider of protected-culture vegetable seeds, for €546 million ($863 million) including debt. The deal is expected to be accretive to earnings in the second fiscal year following its completion, Monsanto says. The acquisition will expand Monsanto's fruit and vegetable seed business by adding products for the protected-culture market, the company says. Including De Ruiter Seeds, Monsanto expects sales from its fruit and vegetable seed...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers