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Takii acquires a 100% share in Danish flower seed company Global Flowers A/S

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Kyoto, Japan and Odense, Denmark
February 29, 2008

Takii & Co., Ltd. and Global Flowers A/S announced today the acquisition by Takii of a 100% share in Global Flowers. Takii is a Japanese company that breeds, produces and sells vegetable and flower varieties since 1835. global Flowers, established in 1996, is a company specialized in breeding, production and sales of flower seeds to the professional horticultural industry worldwide. Financial details of the agreement were not disclosed. This is the second acquisition of a European flower breeding company by Takii, following the acquisition of K.Sahin Zaden BV in September 2007. By acquiring Global Flowers, Takii will strengthen its breeding capacity and sales in the flower seed industry.

Denichi Takii, President of Takii & Co., Ltd., believes that both companies will benefit in many ways: "We are very pleased and excited to have Global Flowers A/S as a new member of Takii group companies. The product lines and breeding programs of Global Flowers perfectly match our goal of better serving professional and home garden customers with a wide range of high quality flower varieties. It believe that Takii, Sahin and Global Flowers can together create a synergy that is highly beneficial to our customers and the end-users."

Willy Christiansen, Managing Director of Global Flowers A/S, is convinced that the highly specialized products from the Global Flowers breeding will benefit Takii's financial and technical strength, and will strengthen Takii's position as one of the world's leading seed companies. Mr. Søren Hvid, Manager R&D of Global Flowers A/S, is looking forward to continue Global Flowers's breeding and expects many improved and new products in the future.

Founded in 1835, Takii & Co., Ltd. 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 in 6 research stations in Japan. In Europe, Takii is located in The Netherlands (Takii Europe BV and, after the take-over in September 2007, K. Sahin Zaden BV) and France (Takii France S.A.).

Global Flowers A/S was established in 1996 by 4 seedsmen: Søren Hvid, Jens Tofte, Henning Johnsen and Villy Christiansen. The company is specialized in high quality flower varieties of pot plants, bedding plants and cut flowers for the professional market. The main products are Begonia semp., Gerbera, Lisianthus and Primula. Global Flowers exports flower seed to more than 60 countries worldwide. In 2007, the company employed a total of 37 persons.

 

 

 

 

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