SEED Co is planning to venture into the vegetable seed business leveraging on its partner Limagrain's extensive knowledge of the sector. Limagrain, which acquired about 36 percent in Seed Co through its unit Vilmorin & Cie, rakes in about $50 million in profit every year from the vegetable seed business.
Seed Co chief executive officer Mr Morgan Nzwere said in an interview that the company will set up a Strategic Business Unit for the veggie seed business which will, however, be guided by the principles of the grain business.
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