Syngenta to divest seed facility to Hartung
Syngenta is to divest its seed production and supply facility at Coon Rapids, Iowa to seed production company Hartung Brothers (Madison, Wisconsin). The deal is subject to completion of certain pre-closing activities as defined in the purchase agreement. Hartung is a family-owned and -operated agribusiness and produces seed maize for Syngenta on a contract basis. In February, Syngenta decided to no longer operate the facility. The sale is expected to close by the end of the month.