Semences de France extends its activities worldwide with the acquisition of Novasem
05 October 2016
After 20 years of collaboration in the field of cereal seeds in Italy, Novasem (based in Genola) and Semences de France decided to strengthen their cooperation through the purchase of 100% of Novasem’s shares by Semences de France.
This acquisition will allow Novasem to benefit from Semences de France’s expertise to increase its growth in Italy thanks to the development of its activities in cereal seeds and to diversification through new agricultural species and activities.
Novasem will stay managed by its founder, Mr. Donato Chiavassa whom will be assisted by Mr. Silvio Avalle.
According to Mr. Pascal Mombled, Managing Director of Semences de France: “thanks to this new acquisition and the recent takeover of Carneau, Semences de France will thus go on expanding its 2025 strategic development and its international implementation”.