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Pioneer Hi-Bred Finalizes Acquisition of Doebler’s PA Hybrids

PROaccess(SM) Business Strategy Strengthened Through Acquisition


DES MOINES, Iowa, June 3, 2011 -- DuPont business Pioneer Hi-Bred announced today it has closed the acquisition of Doebler’s PA Hybrids, Jersey Shore, Pa., as part of its Pioneer Hi-Bred PROaccess(SM) business strategy. Terms were not disclosed.

Doebler’s has served customers in the eastern United States for more than 76 years with corn, soybeans, alfalfa and grass seed lines. Doebler’s distributes Pioneer corn hybrids and soybean varieties under the Pioneer-owned RPM® brand.

First introduced in December 2008, the PROaccess(SM) business strategy enables Pioneer to make available its seed genetics to more growers through a network of distributors. Pioneer will continue its PROaccess(SM) distribution agreements with other independent seed companies as previously announced:

  • Beck’s Hybrids, Atlanta, Ind., distributor of XL™ brand corn hybrids and soybean varieties.
  • Burrus Hybrids, Arenzville, Ill., distributor of Power Plus® brand corn hybrids and soybean varieties.

In December 2010, Pioneer closed the acquisitions of Hoegemeyer Hybrids, Hooper, Neb., distributor of HPT® brand corn hybrids and soybean varieties; NuTech Seed, Ames, Iowa, distributor of G2® brand corn hybrids and soybean varieties; Seed Consultants, Washington C.H., Ohio, distributor of Supreme EX® brand corn hybrids and soybean varieties; and AgVenture, Inc., Kentland, Ind., which distributes VPMaxx® brand corn hybrids and soybean varieties through its 39 independently owned and managed Regional Seed Companies.

Pioneer Hi-Bred (www.pioneer.com), a DuPont business headquartered in Des Moines, Iowa, is the world’s leading developer and supplier of advanced plant genetics, providing high-quality seeds to farmers in more than 90 countries. Pioneer provides agronomic support and services to help increase farmer productivity and profitability and strives to develop sustainable agricultural systems for people everywhere. Science with Service Delivering Success™.

DuPont (www.dupont.com) is a science-based products and services company. Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 90 countries, DuPont offers a wide range of innovative products and services for markets including agriculture and food; building and construction; communications; and transportation.

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6/3/11

 

Contact:
Lonnetta Ragland
515-535-0029
lonnetta.ragland@pioneer.com

 

VPMaxx®, XL™, Power Plus®, RPM®, G2®, HPT®, Supreme EX®, REV®, PROaccessSM and Science with Service Delivering Success™ are trademarks, registered trademarks or service marks of DuPont or its affiliates.