AgReliant Genetics Acquires Soybean Factory in Marcus, Iowa

Westfield, Ind., – September 7, 2016

AgReliant Genetics announced today that it has finalized the purchase of a soybean conditioning facility located in Marcus, Iowa, previously operated by Sand Seed Service, Inc. This location will support AgReliant Genetics’ significant industry growth and optimize its efficiencies in order to meet the soybean needs of its farmer customers.

“This is a great opportunity to expand our capacity and allow us to continue delivering high quality seed products to our customers across the Corn Belt,” said Frank Lynch, AgReliant Genetics Vice President of Operations. “We are looking forward to being part of the Marcus, Iowa community and continuing our growth and success together.”

Sand Seed Service, Inc. is a third generation business operating in the central and western Corn Belt.

“The Sand Family and Board of Directors were looking for a viable company that could appreciate and utilize our state of the art soybean facility, our employees and local seed growers – many of whom are also third generation,” said Chuck Sand, President & GM of Sand Seed Service, Inc. “AgReliant Genetics is a great fit for our organization and the Marcus community.”

AgReliant Genetics offers soybean seed to North American farmers through AgriGold, Great Lakes Hybrids, LG Seeds, PRIDE Seeds, Producers Hybrids and Wensman.

The agreement was finalized on September 6.

About Sand Seed Service, Inc.

Located in Marcus, Iowa, Sand Seed Service, Inc. is an 85-year family owned business, founded by John L. Sand, grandfather of the now third generation of the Sand family. In addition to soybean seed production and conditioning, the Company marketed soybean seed, along with alfalfa, grasses and seed oats in a four state area of Iowa, Minnesota, Nebraska and South Dakota.