Winnipeg, MB – Brett-Young Seeds Limited, Cargill Limited and Syngenta Canada Inc. are pleased to announce that BrettYoung will acquire Syngenta’s inventory of canola varieties currently named SY4157, SY4166 and SY4187. Concurrently, BrettYoung will enter into a licensing agreement with Cargill Limited, the breeder of these high-performance varieties. Syngenta Canada will be responsible for all matters related to the sale of these products from the 2016/17 selling season. The transaction is subject to customary closing conditions.
“This development broadens BrettYoung’s canola portfolio,” said Eric Gregory, Marketing Director, BrettYoung. “This is particularly relevant in light of changing needs to address blackleg in canola production and the new, voluntary blackleg gene classification system advocated by the Canola Council of Canada. With the addition of these three hybrids from Cargill, BrettYoung will be in a leading position regarding genetic-based blackleg solutions which we plan to make available to all canola growers in 2018.”
Shaun Vey, Product Manager for Syngenta, commented, “These varieties have been strong performers and an important part of our portfolio. With this transaction they will continue to be available to canola growers from BrettYoung.”
Lyle DePauw, Seed Product Line Manager for Cargill’s global edible oils business added, “BrettYoung has a very strong canola portfolio in the marketplace. We are pleased BrettYoung sees further growth opportunities and are moving forward with these high-yielding, high-performance canola varieties from Cargill’s breeding program.”
The current variety names SY4157, SY4166 and SY4187 will be revised to 4157 RR, 4166 RR and 4187 RR subject to Canadian Food Inspection Agency approval.
BrettYoung is a privately-owned agribusiness with headquarters in Winnipeg, MB, Canada. Proud of our 80+ year history in agriculture, we employ approximately 170 people in 5 processing and distribution facilities in Canada and in various sales territories across North America serving customers in three distinct markets: (1) BrettYoung partners with growers to produce forage and turf seed for export to 40 countries around the world; (2) BrettYoung provides crop input solutions to Canadian and US farmers, including BrettYoung brand canola and forage seed, Elite® brand corn and soybean seed and ag-biologicals; and (3) BrettYoung provides a wide range of products and services to professional turf and reclamation markets in Western Canada and Ontario.
Cargill provides food, agriculture, financial and industrial products and services to the world. Together with farmers, customers, governments and communities, we help people thrive by applying our insights and 150 years of experience. We have 150,000 employees in 70 countries who are committed to feeding the world in a responsible way, reducing environmental impact and improving the communities where we live and work. For more information, visit Cargill.com and our News Center.
Syngenta is a leading agriculture company helping to improve global food security by enabling millions of farmers to make better use of available resources. Through world-class science and innovative crop solutions, our 28,000 people in over 90 countries are working to transform how crops are grown. We are committed to rescuing land from degradation, enhancing biodiversity and revitalizing rural communities. To learn more visit www.syngenta.com and www.goodgrowthplan.com. Follow us on Twitter® at www.twitter.com/Syngenta.
For more information about this announcement contact:
Eric Gregory, Marketing Director
Box 99, St. Norbert Postal Station
Winnipeg, MB R3V 1L5
Toll Free: 1-800-665-5015
BrettYoung is a trademark of Brett-Young Seeds Limited. Elite is a registered trademark of La Coop fédérée.