| Ferry-Morse acquired |
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Posted: Wednesday, May 30, 2012 9:14 pm
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Seed Holdings Inc. and Jiffy International announced today the successful completion of a transaction in which Seed Holdings has acquired from Jiffy International substantially all of the assets of Ferry-Morse Seed Co.
The transaction also included the acquisition of A.E. McKenzie Inc. of Canada.
Seed Holdings is the shareholder of Plantation Products LLC, a merchandiser of flower and vegetable seed packets and the owner of the Home Gardening brands NK Lawn & Garden, American Seeds, Fredonia and Plantation Products.
Today’s news release about the acquisition of Ferry- Morse Seed Co. affects the company’s plant in Fulton, but there were no specific details in the news release about the future of the local plant.
Ferry-Morse was founded in 1856 and is one of the leaders in the U.S. market for consumer seed packets.
“It is expected that the combination of the three companies will create significant synergies including optimized logistic solutions and exciting product development,” the news release stated in part.
Published in The Messenger 5.30.12 |
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