KWS acquired Dutch Pop Vriend Seeds
KWS seed company announced the acquisition of the Dutch company Pop Vriend Seeds. This acquisition will strengthen the future growth of turnover and result of KWS and contribute to achieving strategic goals. The transaction is expected to be completed by July 1, 2019.
“We heartily welcome our new colleagues in KWS and are very much looking forward to continuing to successfully develop the business further together with our new colleagues and the clients of Pop Vriend Seeds,“ says Dr. Hagen Duenbostel, CEO of KWS.
Pop Vriend is market leader worldwide in spinach seeds and a leading supplier of vegetable seeds in specific niches. The company’s portfolio comprises spinach, beans, Swiss chard, carrots as well as red beet.
“We are very excited about KWS, a family-owned company with long-term history and horizon in plant breeding. KWS is striving for continuing and growing our business from the site in Andijk, which is good news for our people, their families and our clients worldwide,” adds Lara Timmerman, CEO of Pop Vriend Seeds.
KWS will focus on suitable acquisitions; the acquisition of Pop Vriend Seeds is an important step within the scope of the company’s strategic orientation, the company says in a statement.