|
|
Article: PGG plants more seeds in Uruguay.
- Article from:
- New Zealand Herald (Auckland, New Zealand)
- Article date:
- July 5, 2007
CopyrightCOPYRIGHT 2007 Independent News & Media PLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Rural services supplier PGG Wrightson is boosting its South American presence with the purchase of Uruguayan seed and agrichemical distributor AgarCross from DuPont Argentina.
It is also buying the remaining shares in Wrightson PAS, which will give it full control of the two leading seed businesses in its increasingly important South American hub.
The double whammy will help the company fuel the growth of its dairy and cattle farming offshoot, New Zealand Farming Systems Uruguay (NZFSU), in which it remains a cornerstone shareholder.
PGG Wrightson chairman Craig Norgate said the AgarCross deal, under which his company becomes the distributor of ...