DuPont Strengthens PROaccessSM Business Strategy Through Acquisitions

DES MOINES, Iowa ─ DuPont announced today it has acquired Seed Consultants, Inc., Washington C.H., Ohio, and Terral Seed, Lake Providence, La., as part of its Pioneer Hi-Bred PROaccess^SM business strategy.  Terms were not disclosed.

These two seed companies have been distributing products under the Pioneer-owned trademarks:

• Supreme EX^®brand corn hybrids and soybean varieties, distributed by Seed Consultants
• REV^®brand corn hybrids and soybean varieties, distributed by Terral Seed

First introduced in December 2008, the PROaccess^SM business strategy enables Pioneer to make available its seed genetics to more growers through a network of distributors.  Pioneer will continue its PROaccess^SM distribution agreements with other independent seed companies as previously announced:

• Beck’s Hybrids, Atlanta, Ind., distributor of XL^™ brand corn hybrids and soybean varieties
• Burrus Hybrids, Arenzville, Ill., distributor of Power Plus^® brand corn hybrids and soybean varieties
• Doebler’s PA Hybrids Inc., Jersey Shore, Pa., distributor of RPM® brand corn hybrids and soybean varieties

In early December 2010, Pioneer closed the acquisitions of Hoegemeyer Hybrids, Hooper, Neb., distributor of HPT® brand corn hybrids and soybean varieties; NuTech Seed, Ames, Iowa, distributor of G2® brand corn hybrids and soybean varieties; and AgVenture, Inc., Kentland, Ind., which distributes VPMaxx^® brand corn hybrids and soybean varieties through its 39 independently owned and managed Regional Seed Companies.  Pioneer also sells a complete lineup of corn and soybean seed under Curry^® brand seed.