NIJMEGEN, NETHERLANDS — Dow AgroSciences, a wholly owned subsidiary of the Dow Chemical Company, and the Royal Barenbrug Group, announced June 29 a global relationship for the development and commercialization of advanced germplasm in forage seeds.
Under the agreement, Dow AgroSciences will be a minority shareholder in Barenbrug Holding B.V., part of The Royal Barenbrug Group, and will provide Barenbrug access to select hybrid Brachiaria germplasm.
Barenbrug will form a new entity in Brazil to build a state-of-the-art cleaning, coating and packaging facility to process hybrid Brachiaria for Dow AgroSciences, as well as produce other tropical grasses and legumes.
The financial details of this transaction were not disclosed.