Specialty vegetable and legume seed producer Suba Seeds, owned by a private equity firm Paine & Partners, has acquired Brotherton Seed.
However, financial terms of the transaction were not disclosed.
Established in 1936, Brotherton Seed is a major independent breeder and producer of high quality pea and bean seeds for the North American processing market. It operates two production facilities in Moses Lake and Quincy, Central Washington State.
Brotherton Seed services commercial customers across North America supported by a vast network of thousands of acres of qualified seed growers across the Pacific Northwest.
The deal will see Brotherton Seed managing director Jerome Brotherton continuing to support the firm as a full-time consultant under Suba's ownership.
Suba chief executive officer Marcello Tumedei said: “We see significant growth potential in this combination, driven by cross selling and production opportunities, both by leveraging the expanded grower network and through expanding Suba's offering to its international customer base. We look forward to welcoming the talented Brotherton Seed team to the Suba Seeds family and to working with them to capitalize on those opportunities.”
Suba Seeds is a producer, packer and distributor of specialty vegetable seeds for the professional, semi-professional, and hobby garden markets around the world, and a contract supplier to a diverse set of global seed companies.
Its portfolio of core crops includes varieties of beans, peas, radish, cabbage, alfalfa, carrots, chicory, and onion.
Founded in 1974 in Italy, Suba currently operates in Italy, France and the US.
Paine & Partners partner and Suba Seeds’ board of directors member Angelos Dassios said: “The acquisition of Brotherton Seed is a great next step for Suba as it looks to expand its presence and differentiated offering in the growing global market for specialty vegetable seed.”