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Grimaud enters into strategic alliance

Newsham Choice Genetics, Iowa, US, and Groupe Grimaud, France, have entered into an agreement to form a long-term strategic alliance.

Newsham is currently the 2nd largest supplier of swine genetics in the North American market, and Grimaud is the 2nd largest multi-species poultry genetics group supplying customers in more than 100 countries from its European, US, Brazilian and Asian facilities.
Under terms of the agreement, Grimaud takes an important interest in Bucolica BV, the Netherlands-based company holding a major interest in Newsham. The Newsham original ownership, Bucolica, the Mitchell family, and key Newsham employees remain in control.
This alliance strengthens the acceleration of Newsham's business development outside North America and seeks synergies in the field of R&D.
Newsham Choice Genetics has extensive experience in the North American market, supplemented by the recent acquisition of Monsanto Choice Genetics. Newsham will continue to develop its R&D and commercial activities in the swine genetics business through maintaining the original focus on North America as well as pursuing selective expansion in new markets in collaboration with the global network of Grimaud.
Frédéric Grimaud, president of Groupe Grimaud declares: "I am very pleased with this agreement. It fits perfectly with our long-term strategy to develop a global animal multi-species genetics group. This alliance brings a new promising dimension into our Group.”
Related links:
Groupe Grimaud

Editor WorldPoultry

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