APEX Genetics Inc., a progressive seed firm based in Norfolk, Nebraska, formally announces its agreement to acquire Sucrosco Seeds, a seed firm based in Manilla, Iowa, for undisclosed terms.

APEX Genetics is one of the more recent seed industry players with an initial sales focus in the Nebraska markets has now expanded further into the western Iowa market. "APEX Genetics, Inc. has been reviewing opportunities to partner and expand its market reach from the day we opened our doors for business", states Kory Smith, CEO of APEX Genetics. "We have a great deal of respect for the legacy of customer care that the Gruhn family has become synonymous with. Their passion for customer service is something we share. We couldn’t be more pleased to work with such fine people."

Sucrosco Seeds has serviced the western Iowa and adjacent markets for years. They had been looking for an appropriate business succession strategy. Nyle Gruhn, president of Sucrosco remarked, "We had been looking for the right company to work through transition with. APEX Genetics is very progressive with their product mix, not to mention cutting-edge information technology". He added, "APEX seemed like the best fit for us. We are pleased that our customers will be among the first to take advantage of the many things they have to offer."

The arrangement allows for the expansion of sales and market coverage into western Iowa, southeastern Nebraska, and Missouri. APEX also adds a new soybean lineup and brand, Sucrosco soybeans, which will be processed at its Manilla soybean processing facility. The Manilla facility will also provide a key warehousing and distribution center.