DLF Seeds $421 Million Acquisition of PGG Wrightson

Guyer & Regules and Jiménez de Aréchaga, Viana & Brause Chapman Tripp, Clayton Utz and Simpson Grierson advised on the deal

PGG Wrightson Ltd and DLF Seeds A/S have reached an agreement for DLF to acquire PGG Wrightson Seeds.

The transaction remains subject to regulatory approvals. PPG Wrightson Seeds is international market leader in the Southern Hemisphere within forage and turf seeds, with activities in New Zealand, Australia, Uruguay, Argentina and Brazil.

PGG Wrightson Seeds and DLF operate complementary businesses in terms of market coverage and distribution capabilities geographically. The combined business will gain such critical mass that will allow continued investments into research and product development at the highest level.

DLF Seeds – a Denmark – based global seeds group – was established in 1872. It is owned by DLF AmbA, a cooperative owned by approximately 3,000 Danish seed growers. DLF operates within forage and turf seed, sugar and fodder beet seed, seed potatoes and multiplication of vegetable seed, and is active in more than 80 countries.

PGG Wrightson Seeds breeds, produces and markets forage seed, brassicas and cereal crops for agriculture, as well as turf seed. PGG Wrightson Seeds has gained a position as a market leader in turf and forage seed in the southern hemisphere.

Simpson Grierson advised DLF Seeds with a team including Simon Vannini (Picture), Andrew Matthews, Andrew Harkness, James Hawes, Greg Towers, John Rooney, Tara Wylie, Rebecca Rendle and Warren Bangma.

In Australia, Clayton Utz advised DLF Seeds with Rory Moriarty, Lara Solomons and Jeffrey Tang

In Uruguay, Guyer & Regules advised DLF Seeds with a team led by Nicolás Piaggio (Picture).

Chapman Tripp advised PGG Wrightson with John Strowger, Joshua Pringle, Tom Jemson (M&A), Andrew Woods, Ben Warden (Commercial), Lucy Cooper (Antitrust).

In Uruguay, Jiménez de Aréchaga, Viana & Brause advised PGG Wrightson with Fernando Jiménez de Aréchaga (h.),

Involved fees earner: Lucy Cooper – Chapman Tripp; Joshua Pringle – Chapman Tripp; John Strowger – Chapman Tripp; Ben Warden – Chapman Tripp; Andrew Woods – Chapman Tripp; Rory Moriarty – Clayton Utz; Nicolás Piaggio – Guyer & Regules; Fernando Jiménez de Aréchaga jr. – Jiménez de Aréchaga, Viana & Brause; Warren Bangma – Simpson Grierson; Andrew Harkness – Simpson Grierson; James Hawes – Simpson Grierson; Andrew Matthews – Simpson Grierson; Rebecca Rendle – Simpson Grierson; John Rooney – Simpson Grierson; Greg Towers – Simpson Grierson; Simon Vannini – Simpson Grierson; Tara Wylie – Simpson Grierson;

Law Firms: Chapman Tripp; Clayton Utz; Guyer & Regules; Jiménez de Aréchaga, Viana & Brause; Simpson Grierson;

Clients: DLF Seeds A/S; PGG Wrightson Seeds;

Author: Michael Patrini