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Takii & Co., Ltd. acquires a 100% share in Dutch flower seed company K. SAHIN, Zaden B.V.

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Kyoto, Japan and Alphen aan den Rijn, The Netherlands
September 24, 2007

Takii & Co., Ltd. and K. SAHIN, Zaden B.V. announced today the acquisition by Takii of a 100% share in Sahin. Takii is a Japanese company that breeds, produces and sells vegetable and flower varieties since 1835. K. SAHIN, Zaden B.V. is a relatively young, dynamic flower seed company that was established in 1982 by Kees and Elisabeth Sahin. Financial details of the agreement were not disclosed. By acquiring Sahin, Takii will strengthen its position in flower breeding worldwide and specifically in Europe. Sahin will complement Takii’s European business, with own breeding facilities, a broad gene bank, and complementary consumer market clients. Sahin has made a positive step towards the expansion of its business that will benefit from Takii’s financial and technical strengths.

Denichi Takii, President of Takii & Co., Ltd. believes that both companies will benefit in many ways: “I am quite positive about the acquisition of Sahin. I am confident that it will result in an excellent synergy of the two companies’ strength. Takii’s breeding technologies and Sahin’s broad spectrum of genetic resources will combine to benefit both companies, providing a unique base for breeding completely new varieties for professional and consumer markets”.

Elisabeth Sahin, Managing Director of K. SAHIN, Zaden B.V. believes that the wide product assortment which her late husband, the breeders and herself passionately developed, will become a strong platform, from which Takii can build the Sahin brand. “Sahin has bred exciting new classes of professional products, which are ready for introduction. Takii’s strength in sales and technology would be a strong party to take these products successfully into the international market”.

Takii & Co., Ltd., founded in 1835, specializes in vegetable and flower seed varieties. Takii maintains the leading position in tomato, carrot, cabbage, Chinese cabbage, radish, onion and many other species for the world vegetable seed markets. Its flower varieties such as dianthus, pansy, sunflower, zinnia and ornamental brassica are also being used worldwide. Takii has approximately 100 breeders and researchers and 6 research stations in Japan. In Europe, Takii is situated in The Netherlands and France. At Takii Europe B.V. in De Kwakel, The Netherlands, all commercial and logistic activities for Europe have been centralized. Takii Europe B.V. is also breeding vegetable crops for Northern Europe and screening flower and vegetable varieties released by other Takii’s breeding programs for its suitability under European conditions.

K. SAHIN, Zaden B.V. was established in 1982 by Kees and Elisabeth Sahin. Sahin is known worldwide as a dynamic flower breeder. Sahin’s signature achievement has been the successful introduction of new species and novel genetic traits previously unknown to the market. Sahin is a trendsetter in the ornamental business and offers a wide range of innovative products. These include several award winners, for the professional and the consumer market. Sahin’s main breeding activities are in F1 hybrid Delphinium, sunflowers, violas, a large range of first year flowering perennials and garden annuals.

 

 

 

 

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