Sep 28, 2007

Takii & Co. Acquires SahinSource: Takii

Takii & Company, a long-standing Japanese company that breeds, produces and sells vegetable and flower varieties, has acquired a 100-percent share of Dutch flower seed company, K. Sahin, Zaden B.V.

By acquiring Sahin, Takii hopes to strengthen its position in flower breeding worldwide and specifically in Europe, according to a company press release. In turn, the move has allowed Sahin to take a positive step toward the expansion of its business.

Denichi Takii, president of Takii & Co., Ltd., stated the move would benefit both parties. “I am confident that it will result in an excellent synergy of the two companies’ strength,” he said. “Takii’s breeding technologies and Sahin’s broad spectrum of genetic resources will combine to benefit both companies, providing a unique base for breeding completely new varieties for professional and consumer markets.”

Elisabeth Sahin, managing director of K. Sahin, Zaden B.V. believes her company’s wide product assortment will become a strong platform from which Takii can build the Sahin brand, according to a press release. “Sahin has bred exciting new classes of professional products, which are ready for introduction,” she said. “Takii’s strength in sales and technology would be a strong party to take these products successfully into the international market.”

The acquisition was announced last week. Financial details of the agreement were not disclosed. For more information about the companies, go to www.takii.com or www.sahin.nl.