Navigation Links
Dow AgroSciences Canada Announces Agreement to Acquire Hyland Seeds
Date:11/24/2009

CALGARY and BLENHEIM, Ontario, Nov. 24 /PRNewswire-FirstCall/ -- Dow AgroSciences Canada announced today it is acquiring the assets of Hyland Seeds, a division of Thompsons Limited of Blenheim, Ontario. The addition of Hyland Seeds will further expand Dow AgroSciences' current seeds business as the company anticipates the introduction of SmartStax(TM) in 2010 and Dow AgroSciences Herbicide Tolerant Trait Technology in corn in 2012. The transactional close is expected in the near future.

"This acquisition brings together two strong progressive companies with unique strengths and leadership to deliver seed and trait technology to our customers," said Jim Wispinski, Dow AgroSciences Canada president and CEO. "Hyland Seeds is a welcomed addition to our seed business. It strengthens the northern tier genetics to benefit Canada and Northern U.S. seed industry."

Under the terms of the agreement, Dow AgroSciences will acquire the Hyland brand and the sales, marketing, and administrative areas. The acquisition also includes germplasm, the R&D program with three R&D sites and the corn production facility. Dow AgroSciences will continue to independently market seeds under the Hyland Seeds brand, and Hyland will continue to be headquartered at its existing location in Blenheim, Ontario. John Cowan, general manager for Hyland Seeds, will continue in the same position.

"The entire Hyland Seeds network has worked hard to establish Hyland as the 'northern tier' genetics and trait leader," says John Cowan, general manager of Hyland Seeds. "This new alignment with Dow AgroSciences connects Hyland with a respected global leader and allows us to further strengthen our commitment to bring top genetics and traits to our customers. This alignment is good news for everyone - our customers, our employees and our business."

"From our perspective, it's a solid fit. Dow AgroSciences' commitments to integrity, customer relationships, and innovation have long been an inspiration to us," said Wes Thompson, president for Thompsons Limited. "And, we look forward to continuing to carry the Hyland flag as a dealer."

Further details of the agreement were not disclosed.

About Thompsons Limited and Hyland Seeds

Founded in 1975, Hyland Seeds has the largest, privately owned, multi-crop breeding program in Canada. Headquartered in Blenheim, Ontario, Hyland is internationally recognized for building industry-leading corn hybrids, soybeans, edible beans and cereal grains. Through extensive crop research programs, modern processing and dedicated service, the Hyland brand has become synonymous with seed quality. Using traditional and state-of-the-art technology, Hyland focuses on the development of hybrids and varieties with an agronomic fit for growers in Canada and the Northern Tier of the United States. They are a wholly owned division of Thompsons Limited.

Thompsons Limited is a family owned agricultural business headquartered in Blenheim, Ontario. They supply and service farmers and food processors through facilities in Ontario and Minnesota. Established in 1924, Thompsons exports to more than 30 countries with sales of $500 million.

About Dow AgroSciences

Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a top-tier agricultural company that combines the power of science and technology with the "Human Element" to constantly improve what is essential to human progress. Dow AgroSciences provides innovative technologies for crop protection, pest and vegetation management, seeds, traits, and agricultural biotechnology to serve the world's growing population. Global sales for Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW), are $4.5 billion.

Dow AgroSciences Canada Inc. brings innovation to life through people, chemistry and biotechnology in the areas of seed & crop production and pest management. Dow AgroSciences Canada Inc. is headquartered in Calgary, with a corn breeding facility in St. Mary's, Ontario, and a canola discovery and breeding facility in Saskatoon, Saskatchewan. For more information on Dow AgroSciences Canada Inc. and its products, visit www.dowagro.com/ca.

SmartStax(TM) multi-event technology developed by Dow AgroSciences and Monsanto.

SOURCE Dow AgroSciences


'/>"/>
Copyright©2009 PR Newswire.
All rights reserved

Related biology technology :

1. DuPont, Dow AgroSciences Agree to Cross License Next-Generation Soybean Herbicide Tolerant Traits
2. Dow AgroSciences, Monsanto Complete U.S. and Canadian Regulatory Authorizations for SmartStax Corn; Plans Set to Launch Seed Platform on 3 Million- to 4 Million-Plus Acres
3. Dow AgroSciences, NemGenix Establish New Collaboration in Plant Biotechnology
4. Victoria Forges Global Alliance with Dow AgroSciences for Crop Innovation
5. Dow AgroSciences Confirms Efficacy of Zinc Finger Nucleases for Precise Genome Modification in Maize
6. Dow AgroSciences Receives Approval for New Technology to Control Cotton Pests in Brazil
7. Dow AgroSciences, China National Rice Research Institute Announce Collaboration on Rice Research
8. Dow AgroSciences Delivering Beyond Expectations
9. Dow AgroSciences Receives Approval for Cultivation of HERCULEX(R) I Corn in Brazil
10. Dow AgroSciences Announces Early Exercise of Option for Commercial License With Sangamo BioSciences for Plants
11. Dow AgroSciences, Sangamo BioSciences Announce the Achievement of Key Milestones in Plant Agriculture Collaboration
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/16/2017)... ... August 16, 2017 , ... Today, 3Bar Biologics Inc ... $2M in funding from an impressive group of investors, including Rev1 Ventures, Maumee ... With this investment, 3Bar is broadening availability of its groundbreaking offering that uses ...
(Date:8/16/2017)... England , Aug. 16, 2017  Kingfisher Talent, the ... and leadership development, and Virdis Group, global executive search specialists ... alliance that enables clients to leverage the expertise and reach ... our clients here in the Boston ... population of leadership talent throughout the US, Canada ...
(Date:8/15/2017)... ... August 15, 2017 , ... Nanomedical Diagnostics , a ... announces the launch of the new NHS Agile biosensor chip . The ... for a wide range of molecules, including small and large molecules, peptides, proteins, ...
(Date:8/15/2017)... ... 2017 , ... Kenall, a leader in sealed solid-state lighting, ... sealed and perform efficiently for years. The downlights are ideal for a variety ... such as: hospitals; behavioral health facilities; cleanrooms; containment areas; food and pharmaceutical processing ...
Breaking Biology Technology:
(Date:4/11/2017)... April 11, 2017 Crossmatch®, a globally-recognized ... solutions, today announced that it has been awarded ... Projects Activity (IARPA) to develop next-generation Presentation Attack ... "Innovation has been a driving force within ... will allow us to innovate and develop new ...
(Date:4/11/2017)... Florida , April 11, 2017 ... a security technology company, announces the appointment of independent Directors ... Bendheim to its Board of Directors, furthering the company,s ... ... of NXT-ID, we look forward to their guidance and benefiting ...
(Date:4/5/2017)... , April 5, 2017 Today HYPR ... that the server component of the HYPR platform is ... providing the end-to-end security architecture that empowers biometric authentication ... HYPR has already secured over 15 million users across ... manufacturers of connected home product suites and physical access ...
Breaking Biology News(10 mins):