Monsanto forms holding company to invest in intl fruit and veg seed cos |
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Tue, 22 May 2007 17:49
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LONDON (Thomson Financial) - Monsanto Company has announced the formation of the International Seed Group, Inc (ISG), a holding company to invest in vegetable and fruit seed businesses with capital and technology investments.The company said the cornerstone of the venture is Holland-based Western Seed, which specializes in tomato hybrids as well as other vegetable and fruit crops.In January, ISG also acquired Poloni Semences, a Charentais melon breeding company based in France.tf.TFN-Europe_newsdesk@thomson.comrwCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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