KWS SAAT Divests North American Stakes in AgReliant

KWS SAAT SE & Co. KGaA has agreed to sell its 50% stakes in the North American joint ventures AgReliant Genetics Inc. and AgReliant Genetics LLC to GDM, based in Buenos Aires. Alongside, KWS will license corn breeding materials from joint ventures and selected European corn breeding materials for North American use. This transaction aligns with KWS's strategic focus on long-term growth and entrepreneurial independence, prioritizing its European corn business.

The transaction's value is in the low three-digit million USD range for the shares, while licensing agreements are valued in the mid double-digit million USD range. Payments are to be made over five years, with immediate significant portions. The deal is subject to regulatory approvals and expected to close by Q3 2025.

An impairment of the carrying amount is anticipated in the millions for KWS’s 2024/2025 fiscal result. However, a significant one-time gain is expected for 2025/2026. Current fiscal forecasts remain unchanged.