Storm Seeds B.V. acquires pulses seed business from BASF | Nunhems

Date:09-27-2023

Storm Seeds B.V., one of the leading vegetable seeds companies in Belgium, signed an agreement with BASF’s vegetable seeds business to purchase its pea and bean seed activities. Both companies agreed not to disclose financial details of the transaction.

″We are extremely happy to take over the pea and bean seed activities of BASF | Nunhems^®,″ said Pieter Storm, Managing Director of Storm Seeds. ″The acquisition enlarges our portfolio for peas and beans, and it adds a new crop to our business. With this acquisition, we offer our customers a broader portfolio and it will strengthen our leading position in pulses.″ 

″We are pleased that our pulses business will have a new home with Storm Seeds B.V., a renowned seed breeder and reliable supplier to vegetable growers and the processing industry,″ said René Hogenboom, Head of Strategy of BASF | Nunhems^®. ″With the divestiture of our pulses activities, we continue to strengthen our position in our strategic growth areas in the vegetable seed industry.″

Both BASF and Storm Seeds are wholly committed to working closely together to ensure a seamless transition and to guarantee the uninterrupted supply of seed varieties. 

Closing is anticipated in the fourth quarter of 2023.