IHS Chemical Week

People & Business :: M&A

Nufarm Acquires U.S. Seeds Firm

1:19 AM MST | December 1, 2011 | Deepti Ramesh

Agchem firm Nufarm (Melbourne) says it has acquired Seeds 2000 (Breckenridge, MN) for $55.2 million. Seeds 2000 is a sunflower seed research and production company with annual revenues of about $20 million. The company has significantly expanded its international activities in recent years and today conducts development and sales activities in the U.S., Canada, China, Argentina, and a number of European markets, Nufarm says. The acquisition was done through Nuseed, Nufarm's wholly owned subsidiary. Nuseed is a global seed and traits company focused on the...

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