The seed division of the French agriculture and life sciences giant, RAGT Semences, acquired 100% of the equity of the traditional Argentine seed company, Tobin. Groupe RAGT, based in Rodez, Aveyron, employees 1,450 persons, with annual revenue of € 411 million. RAGT Semences develops and markets seeds in Argentina and in 47 other countries around the world. The Tobin acquisition reinforces RAGT’s commitment to Argentina. Tobin was a family-owned company that focused on sorghum, maize, and sunflower seed genetics. Victor Tobin will remain as Chairman of the company. The parties have kept confidential the acquisition price.
Wiener. Soto. Caparrós (led by Partner Mariela del Carmen Caparrós and French Desk Head Christophe Dubois) advised RAGT Semences. Ignacio de Apellaniz was counsel to the sellers.
