To Our Valued Clients and Suppliers
The Directors of Seed Genetics International are pleased to announce that after 10 years of operation as an independent, private company we have agreed to merge with S&W Seed Company of Five Points California which will purchase 100% of the shares in SGI as part of the deal. In return the four directors of SGI will take up shareholdings in S&W.
S&W, a major breeder, producer and marketer of Lucerne is a NASDAQ listed public company and the combination with SGI will create the largest non-dormant lucerne seed company in the world. The combined breeding, counter season production and complementary marketing channels of the merged entity will make this a strong seed business to meet the future challenges and opportunities in the agricultural market.
For SGI it will be business as usual with all current staff and working directors being involved in the Australian operation in the future. All SGI production, sales and other contractual arrangements will remain as is.
This merger with S&W will give SGI access to a public company with a strong balance sheet and financial resources. We will also gain access to S&W’s proven proprietary genetics and breeding program run by well-respected plant breeder Dan Gardner, including dormant varieties, salt tolerance and potential GMO traits in the future. This along with SGI’s proven high seed yielding genetics and other exciting new developments in our breeding pipeline will lead to more potential market winning varieties in the future.
Please also note that we are now located at:
Unit 5, 13-15 King William Road, Unley, South Australia, 5061
All phone, fax, mobile numbers and email addresses remain the same.