Beck's acquires corn seed production unit from Syngenta

Beck's announced the acquisition of a corn seed production facility from Syngenta in Phillips, Nebraska (USA). The transaction is expected to close on October 31.

With the new structure, Beck's intends to expand its seed supply and maintain direct service to farmers in the region. The company highlighted that Phillips' strategic location will allow for efficiency gains in seed production and processing, benefiting producers, in addition to strengthening the partnership between the two companies.

The relationship between Beck's and Syngenta includes decades of collaboration on several fronts, such as line development, introduction of genetic traits, production of basic seeds and germplasm licensing.

“Syngenta is recognized as one of the largest global suppliers of genetics and agronomic traits. With this focus, we can take on production services on-site, adding value to farmers and both companies,” said Scott Beck, president of Beck’s.

Syngenta will continue to focus its efforts on genetic research and the development of new technologies. Eric Boeck, the company's regional seed director for North America, said the agreement will allow for better use of the resources of both companies. He also stressed that employees at the unit will have the opportunity to talk to the new management to ensure a smooth transition.