Legend Seeds and Cornelius Seed Acquire Munson Hybrids

September 10, 2018 10:27 AM
 
Cornelius Seed and Legend Seeds announced Monday their acquisition of Munson Hybrids.

Consolidation continues in the seed industry and today marks another acquisition in the independent seed company space. Cornelius Seed and Legend Seeds announced Monday their acquisition of Munson Hybrids.

“Both Cornelius Seed and Legend Seeds share our values,” said John Hennenfent, President and co-owner of Munson Hybrids in a recent press release. “There are more focused in knowing a farmer’s fields than knowing the corporate boardroom.”

Cornelius Seed will acquire the retails sales right of Munson Hybrids in Illinois and southern Wisconsin and Legend Seeds will gain sales rights in Central Wisconsin. The Galesburg production facilities will continue to operate independently under the oversite of owners John and Jolly Hennenfent.

Financial arrangements of the deal were not disclosed. Muson Hybrids was founded in 1934 by Carl Munson and later purchased by the Hennenfents in 1999.

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close