Seminis is a developer, grower, and marketer of fruit and vegetable seeds, currently a subsidiary of Bayer.
Seminis' hybrids claim to improve nutrition, boost crop yields, limit spoilage and reduce the need for chemicals.
Seminis was established in 1994 by Alfonso Romo under his Savia Group, a part of the Empresas La Moderna S.A. conglomerate, to consolidate leading companies in the fragmented fruit and vegetable seed industry.
[2] The goal was realized by takeovers of several companies, including Asgrow, Petoseed, Royal Sluis, Bruinsma Seeds, and Genecorp.
[6] In September 2003, Savia took Seminis off the public markets for approximately $650 million via an investment of approximately $222 million from Fox Paine & Company and additional cash and stock from Savia and related entities.