WINNIPEG, July 11, 2012 /CNW/ - CANTERRA SEEDS (2002) Ltd. of Canada and
the French based Group Limagrain announced today an exclusive license
agreement for the commercialization of advanced wheat seed varieties
for the cereal grain growers of Western Canada.
The new strategic alliance will leverage the joint strengths of the two
companies by developing and testing new and advanced wheat genetics,
and by producing and commercializing seed of those products across the
Canadian provinces of Manitoba, Saskatchewan, Alberta and BC. Field
performance testing, selection and development of new products will
begin with the 2012 crop, followed by commercial production and sales
introductions following performance verification and registration.
"This is an exciting development for CANTERRA SEEDS and for the cereal
grain growers of Western Canada" said David Hansen, President and CEO
of the company. "Most people know the wheat industry in Canada is
changing rapidly, and this is just one more step forward" he continued.
"Our new breeding partner has one of the finest cereal breeding
programs in the world, and CANTERRA SEEDS and its shareholders have
proven capabilities in quality seed production and distribution. This
new relationship adds to our already deep list of breeding partners,
and provides another option for our farmer customers to progress"
Michel Debrand of Limagrain added, "We are proud to partner with
CANTERRA SEEDS in bringing new cereal seed products to farmers in
Western Canada. We see the potential for very strong synergies between
our US Company, Limagrain Cereal Seeds (LCS) and CANTERRA SEEDS. LCS is
developing hard red spring wheat varieties for the northern region of
the USA, and this will be the first material we test with CANTERRA
SEEDS. We believe this new alliance is an excellent fit for our
company, and look forward to working together."
Owned by over 200 Western Canadian shareholders, CANTERRA SEEDS is
committed to sourcing genetically superior seed products that meet
end-user needs, while delivering agronomic and economic benefits for
producers. With a versatile portfolio of cereals, pulses and oilseeds,
CANTERRA SEEDS seeks opportunities that allow for mutual success in the
Group Limagrain, a subsidiary of farmer co-operative Limagrain, is the
fourth largest seed company in the world, and a global leader in wheat
and other cereal grain seeds. The company has 21 wheat-breeding
stations, three scientific laboratories and multiple alliances
internationally. Fort Collins, Colorado serves as the North America
headquarters of Limagrain Cereal Seeds, a subsidiary of Group
Limagrain. Limagrain Cereal Seeds has regional research stations in
Washington, Indiana, Minnesota and Kansas.
SOURCE Canterra Seeds
For further information: