Australian Business News | Australian Agriculture News | Mergers Acquisition News From Australia

Nufarm acquires HSR Seeds’ sorghum assets in Australia

9:29 AM, 9th July 2013
Mergers and Acquisition News From Agricultural Industries

VICTORIA, AUSTRALIA: Nuseed, a wholly owned subsidiary of Nufarm Limited, has acquired the HSR Seeds’ sorghum assets in Australia. The agreement includes all HSR’s commercial grain and forage sorghum hybrids, research breeding programme and germplasm pipeline. The breeding programme will be based in Queensland, Australia.

The acquisition expands Nuseed’s regional grain sorghum research and development and market presence. Financial details of the transaction were not disclosed.

“Incorporating these assets into our global breeding programme will add to the pipeline of hybrid grain sorghum products available to the Australian market in the next few years. This will include some of our key global products, like Wholis food-grade sorghum, which will be bred for adaptation to local conditions,” said Travis Rankin, Australian General Manager, Nufarm.

“The newly acquired HSR sorghum hybrids have an established competitive performance history, with excellent agronomic traits suitable for targeted sorghum growing regions across Australia. With the Australian grain sorghum season due to commence soon, preparation is under way to make sure the existing commercial hybrids are available to distributors and farmers. We are working closely with all parties to ensure appropriate stewardship for the transition of these products to Nuseed,” added Rankin.

© Worldofchemicals News

Find the details of chemicals suppliers, chemical manufacturers and chemical distributors -



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Dow licenses UNIPOL process technology to Chinese firm

MIDLAND, US: Chinese firm Shanxi Coking Co Ltd, has signed a license agreement for UNIPOL Polypropylene (PP) Process Technology with Union Carbide Che ...

Read more
Huntsman to acquire urethane polyols manufacturer in Houston, US

THE WOODLANDS, US: Huntsman Corporation has signed a definitive agreement to acquire the business of Oxid LP, a privately-held manufacturer and market ...

Read more
Amcor to acquire Chinese flexible packaging firm

HAWTHORN, MELBOURNE: Australian-based multinational packaging company, Amcor will acquire the flexible packaging operations of Jiangsu Shenda Group fo ...

Read more
Scientists discover current flow in fungus

FREIBURG IM BREISGAU, GERMANY: Scientists at University of Freiburg, has found a way to make a species of tree fungus useful for the production of ele ...

Read more
Clariant opens centre of excellence lab in Malaysia

MUTTENZ, SWITZERLAND: Clariant will open a new centre of excellence lab for its oil services business in Kuala Lumpur, Malaysia, building on the compa ...

Read more
Marubeni acquires Gavilon for $2.7 billion

TOKYO, JAPAN/OMAHA, US: Japanese chemical firm Marubeni Corporation has purchased all of the assets and businesses of US based company, Gavilon Holdin ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X