Syngenta acquires Brazilian seed company
Syngenta Vegetable Seeds has recently acquired Feltrin Sementes, a Brazilian vegetable seed company that serves smallholder growers and home gardeners in 40-plus countries, according to a news release.
With the growing global vegetable seeds market, Syngenta says the addition of Feltrin Sementes expands its portfolio and supports its goal to serve growers of every type around the world.
“We’re thrilled to welcome the Feltrin Sementes team to our growing vegetable seeds business,” Matthew Johnston, Syngenta’s global head of vegetable seeds and flowers, said in the release. “Their diverse customer base and special connection to growers across Latin America makes them a natural fit with our business focus on placing growers at the heart of everything we do. We look forward to helping Feltrin Sementes continue bringing innovation and value to growers.”
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The Feltrin Sementes brand will remain active, maintaining a brand identity that is familiar and respected by growers, according to the release. Founded in 1979 and headquartered in Rio Grande do Sul in southern Brazil, Feltrin Sementes serves growers with a portfolio spanning 50-plus crop segments and 500-plus varieties, such as pepper, lettuce, coriander and okra.
“Combining the people and portfolios of Syngenta and Feltrin Sementes is a tremendous opportunity,” Feltrin Sementes CEO Edimilson Luiz Bagattini said in the release. “We’re excited to join Syngenta Vegetable Seeds and offer an expanded portfolio and expertise to our customers from one of the world’s leading agricultural innovation and technology companies.”
One of the first companies to breed vegetable seed varieties, Syngenta’s history in vegetable seeds dates back more than 150 years, according to the release. Today, Syngenta Vegetable Seeds operates in more than 50 countries and delivers vegetable seeds to growers in 124 countries, offering nearly 2,500 commercial varieties across 30 crops, the release said.
