Nijmegen, The Netherlands – August 22, 2012 - The Royal Barenbrug Group and RAGT Semences have reached a global agreement on turf
activities. Under the agreement, Barenbrug will obtain worldwide access to RAGT’s turf grass varieties, with the exception of the French market. As part of the agreement both companies have agreed to develop their collaboration in breeding, variety testing and seed coating.
“This deal provides us with a great opportunity for further strengthening our worldwide position in turf grasses through the addition of RAGT varieties to our own portfolio,” said Bastiaan Barenbrug, Chairman of the Board of the Royal Barenbrug Group. “This will enable us to offer an even broader range of different varieties to our customers.”
Claude Grand, Managing Director of RAGT Semences, commented: “This partnership, which is fully in line with our refocused strategy with respect to turf, will widen our research expertise, allow us to diversify and maximize its valorization while reinforcing our strong position in the French professional market”.
The financial details of this transaction were not disclosed.
About RAGT Semences
RAGT Semences is a leading seed company based in France (Rodez) with worldwide operations, mainly in Europe, through its 17 commercial subsidiaries. The company breeds, produces and sells seeds for the major agricultural crops, such as maize, cereals, oil crops, pulses and forages. The company is based on a strong and international research organization through a network of 18 research stations in Europe. On the French professional turf grass market, RAGT operates through its subsidiary Les Gazons de France. For more information see www.ragtsemences.com.
Barenbrug Holland BV : Jos van der Wielen – Algemeen Directeur
Telephone +31 24 348 8114 – mobile +31 6 1711 6348 –email@example.com
RAGT Semences : Carmen Vela – Communicatie Manager
Telephone + 33 56 573 4226 – mobile + 33 6 0702 7015 –firstname.lastname@example.org