Farms.com Home   News

GROWMARK Completes Acquisition of Allied Seed

GROWMARK Completes Acquisition of Allied Seed

By Ally Roden

recently announced its acquisition of Idaho-based Allied Seed, LLC. Allied Seed provides a full line with forage, turfgrass and cover crop seed in addition to services encompassing production, blending, packaging and seed treatment, according to a release.

GROWMARK was already the majority owner of Allied Seed before completing the acquisition and taking over the remaining ownership from GreenPoint Ag Holdings, LLC located in Decatur, Ala. The acquisition’s terms were not shared with the public.

“Allied Seed is a recognized leader in the production and distribution of high-quality forage, turf, and cover crop seeds and is a key supplier to the GROWMARK System,” commented Keith Lawson, vice president of seed at GROWMARK. “The acquisition of the remaining stake in Allied Seed supports our overall growth and supply strategies and positions us well to meet the increasing demand for cover crops as part of a comprehensive on-farm sustainability strategy.”

Click here to see more...

Trending Video

NEW “FEMO” = AI STOCK FRENZY!

Video: NEW “FEMO” = AI STOCK FRENZY!


The new acronym on Wall Street is not “FOMO”, its “FEMO” - Fabulous Earnings Momentum. DELL this week crushed their earnings and revenue guidance sending the stock up 40%! Micron's valuation went from 500 billion to 1 trillion in 48 days!
U.S. Corn Belt drought expanding need timely rains in June.
Rumors this week that China was lowering U.S, ag tariffs and wanting to buy U.S. corn?
Flood could damage crops in China like corn and wheat.
U.S./Iran 60-day truce = lower crude oil futures by end of June.
U.S. urea futures down 28%.
Soy oil and canola futures technically breaking out
+ CFTC.