Announced

ADQ to acquire a 35% stake in the vegetable seeds business of Limagrain.

Synopsis

ADQ, a holding company, agreed to acquire a 35% stake in the vegetable seeds business of Limagrain, an agricultural cooperative and international seed group. Financial terms were not disclosed. "We chose ADQ as a partner because they have fully met our criteria: a shared vision, a commitment to a long-term sustainable investment and a strong focus on innovation. The planned investment of ADQ into our vegetable seeds business line would provide decisive strategic support to strengthen our position as the world leader in the vegetable seed market," Sébastien Chauffaut, Limagrain CEO.

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MergerLinks - ADQ to acquire a 35% stake in the vegetable seeds business of Limagrain.