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USA:Monsanto completes purchase of Emergent Genetics’ Cotton Business |
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2005-4-7
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A major producer of GM seeds company Monsanto announced it has completed the acquisition of Emergent Genetics’ cotton business. Emergent will be integrated into Monsanto’s existing commercial operations.
Through its Stoneville and NexGen brands, Emergent Genetics, Inc. is the third largest cotton seed company in the United States, holding approximately 12 percent of the U.S. cotton seed market.
Emergent gives Monsanto a branded cotton seed presence that complements its germplasm development and licensing in its Cotton States business, forming a branded and licensed seed platform for cotton that mirrors the business model Monsanto has established in its corn and soybean businesses.
Monsanto is a leading global provider of seeds, technology and agricultural products that improve farm productivity and food quality. |
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