Under the agreement, DuPont Pioneer will continue to sell Pioneer brand alfalfa varieties to customers globally.
“This agreement is another step in the execution of our DuPont Pioneer business growth strategy,” said Paul E. Schickler, president, DuPont Pioneer. “The agreement further enhances our focus on innovative new offerings that drive profitable growth both today and over the long term.”
As part of the transaction, S&W Seed Company will acquire DuPont Pioneer alfalfa assets at DuPont Pioneer locations in Nampa, Idaho, and Arlington, Wisconsin, and will extend offers of employment to alfalfa research and production employees.
“We’re pleased to acquire DuPont Pioneer’s alfalfa production and research assets to complement our product offerings and research programs dedicated to alfalfa,” said Mark Grewal, CEO, S&W Seed Company. “We are excited about the opportunities that joining these two operations brings.” FG
—From DuPont Pioneer and S&W Seed Company news release
