Mar. 20, 2019
Madison, SD-Mustang Seeds, Inc. and GDM are pleased to announce we have entered into an exciting joint venture to bring the newest genetics and innovative technology to expand our seed line-ups.
"Our customers profitability and their needs have always been the number one focus of Mustang Seeds. This partnership with GDM will allow Mustang Seeds to deliver exclusive, new products to our customers," said Terry Schultz, CEO of Mustang Seeds. "The future is bright with Mustang Seeds & GDM joining forces and I am excited for the future."
This joint venture will be a first for Mustang Seeds, a family owned seed company and a milestone for GDM, also a family owned seed company. In a market that is consolidating, the two companies developed a plan with the ultimate goal of developing products and service for the American farmer. Mustang Seeds sales and office personnel, along with Red Horse Crop Insurance and Coyote Seeds, will continue to deliver the quality of excellence our customers rely on.
Ignacio Bartolome, US & Canada Business Director of GDM Seeds states, "We are very enthusiastic about our partnership with Mustang Seeds as we are confident it will bring exciting opportunities to the market. Through Mustang Seeds in depth knowledge of the American producer and its vast distribution network, GDM will deliver the best genetics to the American farmers. We both share a vision and commitment to our customers and their growth."
Along with this joint venture, the Schultz family has created a new company, Red Horse Seed Production, Inc. (RHSP). Justin Wise has accepted the role as General Manager of RHSP. The operations and distribution of all seed products for Mustang Seeds and Coyote Seeds will be the primary focus of RHSP, just as it has been for Mustang Seeds for over 55 years.