Ceres Global Ag Corp. announced that its wholly-owned subsidiary, Delmar Commodities Ltd. (“Delmar”), has entered into agreements to partner with two highly specialized seed companies, Sevita International Corporation (“Sevita”) and Horizon Seeds Canada Inc. (“Horizon”) to distribute corn and soybean seed products in Western Canada.
In combination with these new relationships, Delmar will be rebranding its Legend Seeds Canada trade name to “Ceres Global Seeds” and will no longer be distributing Legend Seeds Inc.’s corn or soybean products.
“By acquiring Delmar less than one year ago, and through the inclusion of its seed and processing division, we made significant progress on our goal to diversify into agriculture-related businesses in regions we know and understand well,” says Robert Day, president and Chief Executive Officer of Ceres. “To enhance that diversification, we conducted a rigorous review to identify the best possible seed companies that will allow us to continue delivering superior value to our dealer network and their growers. Our team identified Sevita and Horizon as partners with high-quality products and a strong commitment to service, which is consistent with our corporate vision to be the most trusted and valued partner to quality-conscious customers.”