DuPont Pioneer to sell alfalfa assets to S&W Seed

DuPont Pioneer to sell alfalfa assets to S&W Seed

DUPONT Pioneer and S&W Seed Co. announced an agreement for S&W Seed to acquire DuPont Pioneer alfalfa germplasm as well as alfalfa production and research facility assets for a purchase price of up to $49 million over a period of several years.

The first portion of the sale is expected to be completed on Dec. 31, 2014, pending closing conditions, including financing.

Under the agreement, DuPont Pioneer will continue

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