S&W Seed (NASDAQ:SANW) agrees to acquire of all of DuPont Pioneer's (NYSE:DD) alfalfa production and research facility assets, as well as all non-GMO alfalfa germplasm, for up to $42M.
S&W also agrees to be DuPont Pioneer's sole supplier of alfalfa seed through 2024.
S&W expects the alfalfa business to contribute $26M of incremental annual revenues in FY 2015 and $40M in FY 2016.
Dec. 19, 2014, 4:33 PM|3 Comments
Oct. 1, 2012, 3:47 PM
S&W Seed (SANW +10.2%) trades higher today after spending $6M to acquire Imperial Valley Seeds, a marketer of non-dormant alfalfa seed varieties to international markets in the Middle East, North Africa and Latin America. Oct. 1, 2012, 3:47 PM