AgReliant Genetics acquires the corn and sorghum seed business of Waco, Texas-based company Golden Acres Genetics. This acquisition complements the continued western expansion of AgReliant Genetics, the third-largest corn seed company in North America.
“Golden Acres Genetics is an independent, well-respected leader in the southern seed market,” says Craig Newman, president and chief executive officer of AgReliant Genetics. “The company’s culture, like our own, is based on relationships and consistent, competitive product performance. We believe this acquisition strengthens both organizations’ ability to provide exceptional customer value.”
An alliance with AgReliant strengthens both field support and product offerings for all Golden Acres’ customers, says Lou Buice, president of Golden Acres. “The future of production agriculture is changing at a rapid pace, and this will allow us to offer unique products and services not currently available in our market area. We are excited about the future of Golden Acres and about being part of the ever-growing family of AgReliant seed brands.”
Buice will continue to manage the Golden Acres brand and report to AgReliant Genetics’ VP of sales Bruce Howison.
