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The Dow Chemical Company's Dow AgroSciences And The Royal Barenbrug Group, Announce Global Strategic Relationship For Development And Commercialization Of Advanced Germplasm In Forage Seeds

Friday, 29 Jun 2012 07:00am EDT 

Dow AgroSciences, a wholly owned subsidiary of The Dow Chemical Company, and The Royal Barenbrug Group, announced a global strategic relationship for the development and commercialization of advanced germplasm in forage seeds. Under the agreement, Dow AgroSciences will be a minority shareholder in Barenbrug Holding B.V., part of The Royal Barenbrug Group and will provide Barenbrug access to select hybrid Brachiaria germplasm. This relationship will allow the two companies to maximize strengths to realize a shared vision of growth in forage grasses. Barenbrug will form a new entity in Brazil to build a cleaning, coating, and packaging facility to process hybrid Brachiaria for Dow AgroSciences, as well as produce other tropical grasses and legumes. Financial details of this transaction were not disclosed. 

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