DuPont acquired two seed companies to Strengthens PROaccess Business Strategy

Date:01-05-2011

DuPont announced it has acquired Seed Consultants, Inc., Washington C.H., Ohio, and Terral Seed, Lake Providence, La., as part of its Pioneer Hi-Bred PROaccess℠ business strategy. Terms were not disclosed.

These two seed companies have been distributing products under the Pioneer-owned trademarks:

•     Supreme EX® brand corn hybrids and soybean varieties, distributed by Seed Consultants
•     REV® brand corn hybrids and soybean varieties, distributed by Terral Seed

First introduced in December 2008, the PROaccess℠ business strategy enables Pioneer to make available its seed genetics to more growers through a network of distributors. Pioneer will continue its PROaccess℠ distribution agreements with other independent seed companies as previously announced:

•     Beck's Hybrids, Atlanta, Ind., distributor of XL™ brand corn hybrids and soybean varieties
•     Burrus Hybrids, Arenzville, Ill., distributor of Power Plus® brand corn hybrids and soybean varieties
•     Doebler's PA Hybrids Inc., Jersey Shore, Pa., distributor of RPM® brand corn hybrids and soybean varieties

In early December 2010, Pioneer closed the acquisitions of Hoegemeyer Hybrids, Hooper, Neb., distributor of HPT® brand corn hybrids and soybean varieties; NuTech Seed, Ames, Iowa, distributor of G2® brand corn hybrids and soybean varieties; and AgVenture, Inc., Kentland, Ind., which distributes VPMaxx® brand corn hybrids and soybean varieties through its 39 independently owned and managed Regional Seed Companies. Pioneer also sells a complete lineup of corn and soybean seed under Curry® brand seed.