The acquisition caps a multi-year relationship between Geosys and Land O’Lakes through its WinField division, which utilises select Geosys technologies in the US.
“This acquisition further cements Land O’Lakes’ position as a leader in agribusiness,” said Land O’Lakes president and CEO Chris Policinski. “We are developing tomorrow’s agricultural technology today, and this acquisition fits that strategic drive. Today’s purchase demonstrates Land O’Lakes’ leadership in helping to build the farm of the future with cutting-edge concepts and technologies. These industry-leading technologies give farmers the tools to make critical decisions to improve yields while reducing their environmental footprint and further help our member cooperatives to leverage proven tools that turn data into decision enablers that drive productivity and sustainable agricultural practices.”
Source: Land O’Lakes
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