PSB was established in the province of Bologna in 1911, and its durum wheat varieties are grown on more than 330,000 hectares.
In addition to its headquarters and a 430-hectare farm, PSB has breeding programmes in other crops such as common wheat and alfalfa.
Syngenta will preserve the PSB brand and know-how. This will enable growers in Italy and in other countries to meet increasing demand for pasta, a global market valued at $16bn.
“PSB combines the quality, tradition and innovation which are the hallmarks of the ‘Made in Italy’ brand,” said Syngenta chief operating officer, John Atkin. “Its unrivalled durum wheat breeding expertise and its links to the food industry will be complemented by Syngenta’s leading-edge cereals R&D and global presence. Together, we will accelerate innovation in high-quality durum wheat production, helping more growers prosper in the competitive Italian market as well as supporting international expansion.”
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