Agreement reached on the acquisition of Deleplanque, Strube and van Waveren by RAGT Semences

Date:09-04-2024

RAGT Semences and the Deleplanque Group have been in exclusive negotiations for a number of weeks and have now reached an agreement on the acquisition process.

Subject to the necessary regulatory approvals, the Aveyron-based group is expected to acquire all the shares of the Deleplanque group in the last quarter of 2024.

″This strategic operation will expand our product portfolio″, explained Laurent Guerreiro, Chairman of the Management Board of the RAGT Group. ″Deleplanque/Strube has recognised expertise in the field of sugar beet. By combining the complementary know-how of the two structures, both in terms of variety selection and production, the aim is to meet our customers’ expectations in the best possible way″.

The Deleplanque Group, founded in 1848, is indeed recognised for its expertise in seed multiplication, selection and distribution of beet and vegetable seeds in Europe.

″This integration by RAGT will allow Deleplanque and its Strube and van Waveren entities to develop new outlets, consolidate our selection and invest more massively in research″, explained Eric Verjux, Chairman of the Deleplanque Group.

″This acquisition, underpinned by shared values and ambitions, marks an important milestone in the history of both companies and will open up new opportunities for growth″, said Damien Robert, Managing Director of RAGT Semences, while announcing synergies between the two groups in other crops such as cereals and sunflowers.

ABOUT RAGT SEMENCES

RAGT Semences develops multi-species in France and worldwide to meet the needs of crop rotation imposed by environmental issues, technical requirements and the Common Agricultural Policy. RAGT Semences activities are focused on the major cultivated species.

Research and innovation are at the heart of the company’s development strategy, with nearly 18% of its turnover invested in its research subsidiary and 21 research centres around the world.

Today, through its 20 sales subsidiaries, RAGT Semences provides its customers in 50 countries with innovative varietal solutions adapted to their needs.

This close-to-the-ground organisation, a resolutely innovative approach and strong relationships created with distributors have enabled RAGT Semences to achieve and consolidate leading positions in strategic markets.

ABOUT THE DELEPLANQUE GROUP

The Deleplanque Group brings together several family businesses founded in the nineteenth century. It is an international player in the seed market for sugar beet, vegetables (peas, beans, sweetcorn) and field crops (mainly wheat and sunflower). Its varieties are sold in 50 countries.

It has 450 employees, spread over 9 sites, 2 of which are in Germany. Its head office is located in Maisons-Laffitte.