Indianapolis-based Dow AgroSciences LLC announced Thursday it is acquiring the assets of Colorado-based seed company Grand Valley Hybrids.
Dow Agro, a division of Dow Chemical Co., said the acquisition complements Dow Agro's Mycogen Seeds brand and its western U.S. silage business. Financial terms were not announced.
“Grand Valley’s strong presence in the silage market and brand recognition in the West will provide a significant opportunity to expand our silage business,” said Chris Garvey, Mycogen general manager. “Grand Valley’s combination of outstanding customer service and commitment to innovation and quality complements our strategy to build a world-class seeds business.”
Under the terms of the agreement, Dow AgroSciences will acquire the Grand Valley sales and marketing areas, as well as the administrative services of the business. For the 2010-11 season, Grand Valley will continue to operate under the Grand Valley brand, and customer service will remain at its existing location in Grand Junction.
Grand Valley Hybrids has been growing and conditioning hybrid seed corn in the West since 1946. The company markets corn hybrids, alfalfa seed, forage sorghums, sudan grasses and silage and alfalfa inoculants in the 12 Western states: Arizona, California, Colorado, Idaho, Kansas, Nebraska, New Mexico, Oklahoma, Oregon, Texas, Utah and Wyoming.