LONGIANO, Italy and BOISE, Idaho, March 13, 2017 /PRNewswire/ -- Suba Seeds Group B.V. ("Suba Seeds" or "Suba"), a leading specialty vegetable and legume seed producer and a Paine Schwartz Partners, LLC ("Paine Schwartz") portfolio company, today announced that it has entered into an agreement with Gallatin Valley Seeds, a leading vegetable seed producer specializing in beans, peas and sweet corn, to produce, market and sell certain pea and bean varieties in Europe, Africa and the Middle East.
Gallatin Valley Seeds is a leading breeder and producer of high quality pea, bean and sweet corn seeds for the North American market. Headquartered in Boise, ID, Gallatin Valley Seeds has a long history of innovation and R&D led by its owner and founder Ron Johnson, a former Director of Large Seed Vegetable sales at Syngenta, who founded the company in 2008 when he purchased the Syngenta NAFTA pea program.
Marcello Tumedei, Chief Executive Officer of Suba, said, "We are excited to partner with Gallatin Valley Seeds to combine their innovative research and development initiatives in peas and beans with Suba's European large seed vegetable production platform. We look forward to working together to deliver industry-leading pea and bean seed offerings to new and existing customers across Europe, Africa and the Middle East."
About Suba Seeds
Suba Seeds is a leading producer, packer and distributor of specialty vegetable seeds for the professional, semi-professional, and hobby garden markets around the world, and a contract supplier to a diverse set of global seed companies. The company is the leading producer of coriander with a strong portfolio of core crops including varieties of beans, peas, radish, cabbage, alfalfa, carrots, chicory, and onion. Founded in 1974 in Italy, Suba today has operations in Italy, France and the United States.
About Paine Schwartz Partners
The global leader in sustainable food chain investing, Paine Schwartz Partners is a private equity firm that focuses on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors. The firm's investment, operations and finance professionals invest throughout cycles across the food and agribusiness value chain and bring a collaborative and active management approach to portfolio companies. The firm currently invests through its $893 million Paine Schwartz Food Chain Fund IV, which is solely dedicated to agribusiness investing. For further information, see www.paineschwartz.com.
Andy Brimmer / Aaron Palash
Joele Frank, Wilkinson Brimmer Katcher
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SOURCE Suba Seeds