RAGT Semences Purchase of Seed Force
16.12.2020
Armillary Private Capital successfully advised the New Zealand and Australian shareholders and RAGT Semences on the sale and purchase of the remaining shares in Seed Force and their Australian subsidiary Seed Force Pty. RAGT Semences is a leading international proprietary seed company with a presence in over 50 countries and its further investment will enable Seed Force to strengthen and grow its presence in the New Zealand Australian markets.
Bruce Garrett, Managing Director, Seed Force Ltd, said that since the company’s inception in 2006 and the signing of the joint venture partnership, it has always been the goal to create a true global company. “This will help us strengthen and develop our presence in New Zealand and Australia. Integral to this expansion will be RAGT’s scope and ability to fully exploit opportunities in pasture, forage, broadacre and soil health markets and expand exposure for the full range of its breeding portfolio spanning 32 species,” he said.
Peter Bosworth of Armillary, who has had many years involvement in agribusiness markets, said this transaction would further position Seed Force to become a leading producer of seeds suited to the Australasian pastoral and arable sectors.
Congratulations to Seed Force and the team! 👏👏 #APCDeals