Dow AgroSciences Acquires Northwest Plant Breeding Co.
Dow AgroSciences has expanded its wheat portfolio with its recent acquisition of assets from Northwest Plant Breeding Co. based in Pullman, WA.
August 2, 2011
Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Co., is expanding its wheat portfolio with its recent acquisition of assets from Northwest Plant Breeding Co. based in Pullman, WA. With this acquisition, Dow AgroSciences will expand its Hyland Seeds certified wheat seed program foundation into the Pacific Northwest and build upon the Northwest Plant Breeding Co.'s program.
"This is a tremendous opportunity for Dow AgroSciences to build upon Northwest Plant Breeding and Hyland programs in the Pacific Northwest region," said Kay Kuenker, vice president of Dow AgroSciences, New Business. "The resources of Hyland Seeds, Dow AgroSciences and Northwest Plant Breeding Co. will support the development of new varieties, traits, and technology that can benefit the wheat industry."
The addition of Northwest Plant Breeding assets will provide a research station, germplasm, several active patents, and plant variety protections to Dow AgroSciences. Dow AgroSciences will open a cereal breeding station in Pullman and will be fully operational by March 2012.
Financial terms of the deal were not disclosed.