AgReliant Genetics announced that it is acquiring the corn and sorghum seed business of Waco, Texas-based company Golden Acres Genetics. This acquisition complements the continued western expansion of AgReliant Genetics, the third largest corn seed company in North America.
“Golden Acres Genetics is an independent, well-respected leader in the southern seed market,” said Craig Newman, President & CEO of AgReliant Genetics. “The company’s culture, like our own, is based on relationships and consistent, competitive product performance. We believe this acquisition strengthens both organizations’ ability to provide exceptional customer value.”
“An alliance with AgReliant strengthens both field support and product offerings for all Golden Acres’ customers,” said Lou Buice, President of Golden Acres. “The future of production agriculture is changing at a rapid pace and this will allow us to offer unique products and services not currently available in our market area. We are excited about the future of Golden Acres and about being part of the ever-growing family of AgReliant seed brands.”
Golden Acres Genetics has focused on providing professional service and offering customized seed solutions to family farmers since it was founded. Lou Buice will continue to manage the Golden Acres brand and report to AgReliant Genetics’ Vice President of Sales, Bruce Howison.
“Lou has been a strong representative for the seed industry through his work in the Independent Professional Seed Association,” said Howison. “His leadership will be of great value to the AgReliant Genetics organization as we continue our mission to deliver high-quality seed with exceptional service to our seed customers.”