Syngenta Acquires Argentine Seeds Company SPS

Syngenta has signed and closed an agreement to acquire SPS Argentina SA (SPS), a company primarily specialized in the development, production and marketing of soybean, corn and sunflower.

10/11/08 Syngenta announced that it has signed and closed an agreement to acquire SPS Argentina SA (SPS), a company primarily specialized in the development, production and marketing of soybean, corn and sunflower. The transaction will give Syngenta a significantly increased presence in the important soybean market in Argentina, complementing its existing strong positions in corn and sunflower.

Davor Pisk, Chief Operating Officer of Syngenta Seeds, said: "This investment expands our customer base in Argentina and accelerates the introduction of our proprietary GM traits in soybean and corn. For Argentine growers, it translates into a broader offer of high quality seeds to support their important contribution to global food supply. I am pleased to welcome all SPS employees to Syngenta."