GROWMARK, Inc. recently announced its acquisition of Idaho-based Allied Seed, LLC. Allied Seed provides a full line with forage, turfgrass and cover crop seed in addition to services encompassing production, blending, packaging and seed treatment, according to a release.
GROWMARK was already the majority owner of Allied Seed before completing the acquisition and taking over the remaining ownership from GreenPoint Ag Holdings, LLC located in Decatur, Ala. The acquisition’s terms were not shared with the public.
“Allied Seed is a recognized leader in the production and distribution of high-quality forage, turf, and cover crop seeds and is a key supplier to the GROWMARK System,” commented Keith Lawson, vice president of seed at GROWMARK. “The acquisition of the remaining stake in Allied Seed supports our overall growth and supply strategies and positions us well to meet the increasing demand for cover crops as part of a comprehensive on-farm sustainability strategy.”
In 2020, the U.S. saw an estimated 20 million acres of cover crops planted, stated the University of Missouri Center for Regenerative Agriculture. Experts predict an increase in this number by 2030 to approximately 30 million acres due to a new conservation program put into action by the USDA.
Allied Seed was established in 2000 and has active facilities in Nampa, Idaho, Albany, Ore. and Worland, Wyo. Each processing plant is located in ideal production areas for its forage grass, legume and turfgrass seed.
