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ADQ mulls 35% stake in France’s Limagrain Vegetable Seeds
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7 Articles
Global Research Alliance Targets Seeds for Desert Environments
ADQ has signed a definitive agreement to acquire a strategic equity stake in Limagrain Vegetable Seeds, a division of French cooperative Groupe Limagrain and the world’s fourth-largest seed company. The move, described in a news release, also establishes a joint R&D partnership focused on developing seeds suited for desert and arid climates. The initiative will create a research and development center in Abu Dhabi. The center aims to harness gen…
The Informed unveils the golden bridge offered by Emirati to the subsidiary of the agricultural cooperative Limagrain to award 35% of a set that weighs nearly 800 million euros in turnover.
hortidaily.com
Abu Dhabi investor takes 35% stake in Limagrain Vegetable Seeds
ADQ and Limagrain have entered into exclusive discussions for ADQ to acquire a 35 percent stake in Limagrain Vegetable Seeds (LVS), the vegetable seed division of Limagrain. ADQ is an active sovereign investor with a focus on critical infrastructure and global supply chains. As a strategic partner to the…
The Emirati sovereign fund and the French seed company provide for a capital and operational partnership through a joint venture in research and development.
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