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Syngenta to acquire Sunfield Seeds, financial details not disclosed

Syngenta announced that it will acquire Sunfield Seeds, a US-based provider of sunflower seeds production and processing services to more than 30 countries. The acquisition represents an important step in the implementation of Syngenta's sunflower strategy by strengthening supply chain capabilities to enable future growth. Sunflower produces high value oil that is low in saturated fats. They are grown on around 25M hectares globally. The sunflower seeds market is currently valued at around $1B of which more than 75% comes from emerging markets, where the transition towards high-value hybrid sunflower seed continues.