DuPont Pioneer and Pannar are partnering to increase the pace and scope of research and innovation in the African seed industry, bringing farmers in South Africa and throughout the continent more product choices and better products, faster and more efficiently than either company could do on its own.
Pioneer will retain the strong Pannar brand and will grow both the Pioneer and the Pannar brands and businesses into the future.
The majority share acquisition will allow each business to access additional crop areas, reach more customers and deliver improved seed products to farmers.
Pannar receives access to the Pioneer genetics library and its maize breeding and biotechnology capabilities. Pioneer will tap into Pannar’s expertise and reach across Africa, and its maize genetics developed specifically for the region.
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