Category: Acquisitions
Origin Agritech Limited acquires agrochemical company Shandong Kunfeng Biochemical Limited
BEIJING, China–(BUSINESS WIRE)–June 3, 2010–Origin Agritech Limited (NASDAQ: SEED) (“Origin” or the “Company”), a vertically–integrated supplier of hybrid and genetically-modified crop seeds in China, announced it has acquired a 80.0% ownership stake in Shandong Kunfeng Biochemical Limited, a agricultural chemical producer in Shandong, China, for RMB 14.96M. The acquisition is a continuance of Origin’s corporate...
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