Turkey: Syngenta acquires MayAgro greenhouse vegetable seed breeding programs
Yusuf Yormazoglu, vice president at MayAgro Seed said, “This sale is a result of our announcement in May 2012 when we decided to focus more of our future R&D investments on crops like sunflower, cotton, and maize. We are very proud to have validated our breeding and development efforts in vegetables with this sale to Syngenta. We look forward to seeing Syngenta realize the full potential of these programs in the future.”
Alexander Tokarz, head of vegetables at Syngenta said, “This acquisition will allow us to accelerate growth in strategic high margin vegetable segments. The programs are targeting the fast developing markets of Turkey, the Middle East and CIS and will broaden our pipeline of new varieties with further benefits for growers.”
MayAgro Seed Corporation breeds, produces, markets and sells a wide range of almost 20 species of agronomic and vegetable crops including sunflowers, cotton, maize, peas, beans, and more under the MAY seed brand name.
