Syngenta Vegetable Seeds completes acquisition of Feltrin Sementes

Syngenta Updates
Syngenta Vegetable Seeds completes acquisition of Feltrin Sementes
  • Feltrin Sementes is a leading vegetable seed company established in 1979, headquartered in Brazil and serving customers in 40+ countries
  • Acquisition strengthens Syngenta Vegetable Seeds’ ambition to bring innovation and value to growers of all types around the world

Downers Grove, Ill., USA, July 4, 2023 – Syngenta Vegetable Seeds announced today that it has completed the acquisition of Feltrin Sementes, a leading Brazilian vegetable seed company serving smallholder growers and home gardeners in 40+ countries.

With the growing global vegetable seeds market, the addition of Feltrin Sementes will provide Syngenta an expanded portfolio to continue providing the best overall offering to serve growers of every type around the world.

“We’re thrilled to welcome the Feltrin Sementes team to our growing vegetable seeds business,” said Matthew Johnston, Global Head of Vegetable Seeds and Flowers at Syngenta. “Their diverse customer base and special connection to growers across Latin America makes them a natural fit with our business focus on placing growers at the heart of everything we do. We look forward to helping Feltrin Sementes continue bringing innovation and value to growers.”

The Feltrin Sementes brand will remain in use, maintaining a brand that is familiar and respected by growers. Founded in 1979 and headquartered in Rio Grande do Sul in southern Brazil, Feltrin Sementes serves growers with a portfolio spanning 50+ crop segments and 500+ varieties, including coriander, pepper, lettuce and okra.

“Combining the people and portfolios of Syngenta and Feltrin Sementes is a tremendous opportunity,” said Edimilson Luiz Bagattini, Chief Executive Officer of Feltrin Sementes. “We’re excited to join Syngenta Vegetable Seeds and offer an expanded portfolio and expertise to our customers from one of the world’s leading agricultural innovation and technology companies.”

One of the first companies to breed vegetable seed varieties, Syngenta’s history in vegetable seeds dates back more than 150 years. Today, Syngenta Vegetable Seeds operates in more than 50 countries and delivers vegetable seeds to growers in 124 countries, offering nearly 2,500 commercial varieties across 30 crops. Syngenta is committed to serving growers of all sizes to help ensure access to safe, nutritious and sufficient food for people around the world, year-round.

For more information on Syngenta Vegetable Seeds, please visit https://www.syngentavegetables.com/. For more information on Feltrin Sementes, please visit https://www.sementesfeltrin.com.br/.

About Syngenta

Syngenta Crop Protection and Syngenta Seeds are part of Syngenta Group, one of the world’s leading agriculture companies. Our ambition is to help safely feed the world while taking care of the planet. We aim to improve the sustainability, quality, and safety of agriculture with world class science and innovative crop solutions. Our technologies enable millions of farmers around the world to make better use of limited agricultural resources.

The content of this release is for information purposes only. This release is not, and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy any securities or other property interests.

Contact

Jason Sparks

Global Head of Communications, Vegetable Seeds and Flowers

+1 224.760.8403

jason.sparks@syngenta.com


Cautionary Statement Regarding Forward-Looking Statements

This document may contain forward-looking statements, which can be identified by terminology such as ‘expect’, ‘would’, ‘will’, ‘potential’, ‘plans’, ‘prospects’, ‘estimated’, ‘aiming’, ‘on track’ and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For Syngenta, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. Syngenta assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.