Feed&Grain.com |

Monsanto Company announced that it has completed its proposed acquisition of Marmot, S.A., which operates Semillas Cristiani Burkard (SCB), a privately-held seed company headquartered in Guatemala City, Guatemala.

SCB is the leading Central American corn seed company focused on hybrid corn production. The company has long-standing relationships with farmers and works with more than 900 dealers in the Central American region. The acquisition will build on Monsanto’s corn business leadership in Latin and Central America, and enable it to offer farmers in Central American countries broader access to corn seed products.

"We look forward to working with the people at SCB and continuing their mission of delivering innovative higher-yielding seed offerings to farmers," said Brett Begemann, Monsanto’s executive vice-president of Global Commercial.