Monsanto, Remington Holding Co. announce joint venture

Remington and Monsanto will have ownership stakes of 60% and 40%, respectively.

Monsanto Co. and Remington Holding Co. LLC, the parent company of a leading provider of customized seed production, processing, logistics and related services to the global seed industry, announced June 16 that they are forming a new joint venture with an initial strategic focus on sorghum.

The joint venture is designed to drive a higher level of investment and innovation in, and provide greater market access to, this important global cereal crop.

Monsanto and Remington will

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