Syngenta actively seeking acquisitions and collaboration

The President of Swiss-based Syngenta Seeds (now owned by Chem-China) has said that as industry mergers continue, and following the completion of Syngenta’s own deal with Nadera last month, the company is aggressively seeking further acquisitions.

During a news conference at Commodity Classic, David Hollinrake talked about adding capabilities to the Syngenta portfolio, saying “Nadera is a recent acquisition in South America that is a proof-point of that. They offer market-leading genetics in South America for both soybeans and a pretty decent corn share position.”

Hollinrake also said that Syngenta is interested in collaboration.

“There are over 100 seed companies in the U.S., most of which license from us or our competitors. We’re hungry to be collaborators with them and use our R&D engine to enable them to provide more unique choice to growers in the marketplace as well.”