CANADA: Monsanto buys Canadian canola seed company
Biotech giant Monsanto yesterday announced it had bought Limagrain Canada Seeds Inc. , a canola seed research, production and marketing company based in Saskatchewan, for an undisclosed sum. Monsanto Canada purchased a 100% equity stake in Limagrain, which has 42 employees, to boost its canola seed portfolio. As a spokesperson for Winnipeg-based Monsanto Canada said: "This gives us a canola seed asset that includes canola germplasm and licence agreements, a breeding program and any current and future varieties."
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