IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

Nufarm Acquires U.S. Sorghum Seed Companies

10:16 PM MDT | August 4, 2009 | Deepti Ramesh

Agchem firm Nufarm (Melbourne) says it has completed the acquisition of Richardson Seeds (Vega, TX), a leading producer and marketer of sorghum seed hybrids, and MMR Genetics (Vega), a global leader in the development of elite sorghum germplasm. Nufarm says the acquisitions will considerably strengthen Nufarm’s existing seeds platform. Financial details of the acquisitions were not disclosed. Combined revenues of Richardson Seeds and MMR Genetics in 2008 were approximately $22 million, Nufarm says. Sorghum is an increasingly important crop that is finding...

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