February 2003
Page 1 of 4
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On January 11th, 2002, the management of
INCOTEC and the venture capital firm NeSBIC bought INCOTEC from
SEMINIS VEGETABLE SEEDS. This was
an important moment for INCOTEC as it got a completely
independent position within the seed industry serving the seed
industry worldwide. The history of INCOTEC goes back to the
sixties where it in 1968 started as the coating Department of
the Dutch based company ROYAL SLUIS in the Netherlands. At the
same time the USA based company ASGROW started a similar coating
Department in California. |
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Both activities in all these years showed strong growth. After
the merger between Asgrow, Royal Sluis and Peto (SEMINIS) in
1996 these two activities merged together under the new INCOTEC
as the world market leader in seed and coating technology.
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