Montpellier, France
July 17, 2009
Sakata announces its divestment of the young plant
production activity of Frisa Planter A/S, an ornamentals
youngplant production company, based in Auning Denmark, owned by
Sakata Ornamentals A/S, based in Odense, Denmark.
Under the terms of the deal, the activity of Frisa Planter will
be divested by Sakata by 1 August, 2009 and a new youngplant
production company will be formed under the ownership of John
Nielsen, currently General Manager of Frisa Planter A/S.
Production operations will be transferred to a new, modern
production facility in Brabrand. The New Frisa production
company to be named Nordic Ornamentals ApS will continue to
supply high quality youngplants to the Scandinavian market and
beyond.
The current distribution agreement between Frisa and Gasa Young
Plants A/S will be transferred to Nordic Ornamentals ApS. Gasa
Young Plants will thus continue to manage sales and logistics,
according to the earlier agreement, announced in September of
2008. Sakata’s market leading ornamentals genetics will continue
to be a significant element of the youngplant assortment for
Nordic Ornamentals.
The deal enables Sakata to focus on its core business of
breeding, and marketing premium ornamentals genetics and for the
experienced youngplant production team of Nordic Ornamentals to
continue the supply of quality youngplants. The deal also
leverages the sales strength and efficient logistics of Gasa
Young Plants.
Sakata Seed Corporation, founded in 1913, is established
today among the world leaders in research, production and
commercialization of flower and vegetable seeds. The group has a
global presence thanks to its 41 subsidiary companies. |
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