inc. type subsidiary founded 1994 headquarters st. louis missouri u.s. products more than 3 500 seed varieties revenue us 569 million 2006 number of employees 3 000 2007 parent monsanto company website www.seminis.com seminis is the largest developer grower and marketer of fruit and vegetable seeds in the world . seminis hybrids claim to improve nutrition boost crop yields limit spoilage and reduce the need for chemicals . their retail line includes over 3 500 seed varieties . history edit seminis was established in 1994 by alfonso romo under his savia group a part of the empresas la moderna s.a. conglomerate to consolidate leading companies in the fragmented fruit and vegetable seed industry . 1 the process was realized by takeovers of such companies mostly dutch as asgrow petoseed royal sluis bruinsma seeds and genecorp . 2 in 1996 romo sold the grains business of seminis to monsanto for 240 million . 3 in 1999 savia took seminis public in which savia retained control of the company . 4 in september 2003 savia took seminis off the public markets for approximately 650 million via an investment of approximately 222 million from fox paine & company and additional cash and stock from savia and related entities . 5 6 7 on march 23 2005 monsanto company announced that it had completed its acquisition of seminis . according to the press release announcing the deal monsanto paid 1.4 billion in cash and assumed debt plus a performance based payment of up to 125 million payable by 2007 8 references edit staff the economist . january 27 2005 lord of the seeds seminis history official site reuters via the los angeles times . october 11 1996 mexican firm following growth strategy diversification la moderna has broadened its scope from cigarettes to agrobiotechnology . its focus is to become a market leader in select fields . debora vrana for the los angeles times . may 31 1999 . agricultural seed firm seminis is seeking to reap capital with ipo press release . september 29 2003 savia and fox paine complete previously announced acquisition of seminis for 3.78 per share john nagel for the deal . 2003 fox paine romo buys into seminis melinda fulmer for the los angeles times . december 14 2002 . seminis to be acquired in 650 million deal jack kaskey for bloomberg news . january 24 2005 monsanto to buy seed seller seminis for 1 billion update3 external links edit corporate website corporate profile of seminis v t e monsanto people hugh grant john francis queeny edgar monsanto queeny william standish knowles subsidiaries dekalb genetics corporation mobay seminis facilities agracetus products roundup herbicide publications the world according to monsanto amusement park attractions adventure thru inner space monsanto house of the future related monsanto legal cases monsanto canada inc. v. schmeiser march against monsanto the monsanto years this food and or confectionery corporation or company related article is a stub . you can help wikipedia by expanding it . v t e retrieved from https en.wikipedia.org w index.php title seminis & oldid 743638434 categories agriculture companies of the united statescompanies based in st. louiscompanies established in 1994monsantofood company stubshidden categories pages using infobox company with unsupported parametersall stub articles navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutsch edit links this page was last modified on 10 october 2016 at 14 18 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view