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February 4, 2016 | By: | News

Other Industry News – Mergers



ChemChina has made a definitive offer for Syngenta, and Syngenta’s board has recommended approval. This looks like it will happen. So while Syngenta goes to the Chinese, Dupont and Dow come together to form DuDow…

In related news, the Norwegian private equity firm of Ole, Ole & Sven has made overtures of acquiring Peterson Farms Seed, but their offer of 8 bags of lefse, 50# of Lutefisk and a 5 gallon pail of Rommegrot was deemed totally unpalatable by the PFS Board. They were heard softly muttering “Uffda, meda” as they shuffled back to their fishing boat…

And Peterson Farms Seed will remain proudly independent – doing our very best to give farmers the choices they need to maximize their yields.

Ole Sven

Update: Ole, Ole & Sven came back to the negotiation table and upped their acquisition offer by an additional Tupperware full of rosettes, but the answer is still no…

 

Carl Peterson, President CCA

Carl Peterson

Carl Peterson is proud to say, “I have lived in the same house my entire life and I’ve never had a job.” Which means, Carl grew up and still lives on the home place his grandfather purchased in 1918. And that, as an entrepreneur and small business owner, he has never had to go through an employment interview. Carl thrives on identifying and solving problems. His professional credentials include a BS in Ag Production from Iowa State; MS in Ag Econ from Purdue; MBA from Indiana University; and is CCA accredited. Carl reads voraciously and most weekends he can be found playing piano and singing on his church worship team. And as a master of trivia, he always seems to have a quirky come-back.

@PFSCarl | carl@petersonfarmsseed.com

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