Seed World

DLF Pickseed Canada to Acquire Moore Seeds

DLF Pickseed Canada announces it will acquire Moore Seeds._x000D_
Moore Seeds, located in Debolt, Alberta, has significant market share presence in the Peace River turfgrass and forage crop seed production area, with sales across the Canadian, U.S. and European export markets._x000D_
“I feel that DLF Pickseed Canada will provide strong management succession for Moore Seeds when I retire in a few years. In the meantime, we are excited in becoming part of the DLF organization and seeking synergies through their global leadership in market share and research and development,” says Raymond Walker, Moore Seeds president._x000D_
“Moore Seeds represents a significant addition and a highly complementary fit for DLF Pickseed Canada,” says Rob Clark, DLF president and CEO. “We are looking forward to working with Raymond and the Moore Seeds team who will continue as a separate entity, operating as DLF Moore Seeds.”_x000D_
The acquisition remains subject to the satisfaction of closing conditions, and has an expected closing date in July 2017. Financial details were not disclosed.