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Steyer Seeds Purchases Majority of Horizon Genetics Assets
Steyer Seeds is expanding its footprint into Central Illinois and maintaining Horizon’s
Mason City facility as an independent seed company
Tiffin, OH. – Dec. 22, 2010 – Steyer Seeds announced today that it has purchased the majority of the operating assets of Horizon Genetics, Inc., an independent seed company based in Mason City, Ill. A definitive agreement was reached on Dec. 22, 2010.
“Purchasing the assets of Horizon is truly a win-win,” says Bernie Steyer, president, Steyer Seeds. “It enables Steyer to offer the latest resources, technology, hybrids and choice the grower needs and has come to expect from an independent seed company in Central Illinois. This will also allow us to expand upon and more efficiently serve our current Illinois and Iowa customer base.”
By purchasing Horizon’s key assets, Steyer Seeds will be able to maintain the current Mason City facility and leverage Horizon’s existing employees, expertise, and products.
About Steyer Seeds
Steyer Seeds, established in Tiffin, Ohio, in 1985, has gained a strong foothold in the heart of the Midwest’s competitive wheat, corn, soybean and alfalfa producing area and is dedicated to serving professional farmers. Steyer believes that seed purchases today are an investment in a farmer’s future and is committed to providing the finest value and highest return by utilizing outstanding quality, exceptional biotechnology, value-oriented programs and tools and personalized relationships and services. For more information on Steyer Seeds, visit www.steyerseeds.com.