Agriculture & Farm Products M&A » By The Online Investor Staff, updated Fri., Apr. 19, 5:33 AM
Recent mergers and acquisitions in the Agriculture & Farm Products M&A category.
Slide #6. S&W Seed Company — Seed Genetics International
Acquirer: |
S&W Seed Company (NASDAQ:SANW) |
Acquiree: |
Seed Genetics International |
Details: |
S&W Seed Company (Nasdaq: SANW) today announced that it has agreed to purchase 100% of Seed Genetics International Pty Ltd ("SGI"), subject to due diligence and other customary conditions. The combination of S&W with Adelaide, Australia-based SGI will create the world 's largest non-dormant alfalfa seed company. The transaction, which is valued at approximately $16 million, is scheduled to close in early April 2013 and is expected to be immediately accretive to S&W's earnings. |
S&W Seed is an agricultural company engaged in breeding, production and sale of alfalfa seed and sorghum seed. Co. also has a commercial market presence in pasture and sunflower seeds. Co.'s seed platform develops and supplies germplasm designed to produce higher yields for farmers worldwide. Co.'s sorghum seed products include both forage and grain sorghum. Co.'s alfalfa seed products include varieties that exhibit the traits that farmers value, such as high yield, root rot resistance, lodging resistance, salt tolerance, drought tolerance, leafhopper resistance and stem nematode resistance. Co.'s pasture seeds includes medic, clovers, vetch, forage cereals, and certain grasses.
Open the SANW Page at The Online Investor »
Open the SANW Page at The Online Investor (in a new window) »
|
April 19, 2024 5:33 AM Eastern
Strong Buy (4.00 out of 4)
100th percentile
|
|