Syngenta has announced it has acquired Societa Produttori Sementi (PSB), one of Italy’s oldest seed companies and a leader in durum wheat breeding and production for pasta. PSB was established in Bologna in 1911 and its durum wheat varieties are grown on more than 330,000 hectares. In addition to its headquarters, PSB has a 430 hectare farm and breeding programs for other crops such as alfalfa and common wheat. The transaction will bring together PSB’s breeding expertise with Syngenta’s global presence and leading-edge R&D that will help growers meet the demand on the global pasta market which is valued at $16 billion.
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