GDM to Acquire AgReliant Genetics

Consolidation is continuing in the seed business. Argentina-based GDM will acquire AgReliant Genetics. AgReliant Genetics was founded 25 years ago as a joint venture by KWS and Limagrain. The current AgReliant brands are AgriGold, LG Seeds and PRIDE Seeds. With the deal, GDM will be the fourth-largest corn genetics provider worldwide. It is already the leading global soybean genetics firm. This acquisition is subject to regulatory approval and the two companies will operate independently until those approvals are satisfied.