June 26, 2017
The boards of directors for Select Sires Inc. and Accelerated Genetics have reached a unanimous decision to unify the two cooperatives. Under the planned agreement, Select Sires will acquire the assets of Accelerated Genetics, joining forces of employees and independent sales representatives in each of their geographical member organizations.
This decision coincides with an already collaborative business relationship that began in 2001, where each shares ownership of World Wide Sires Ltd. World Wide Sires serves as the international marketing arm for both companies in Europe, Africa, Asia, the Middle East and Oceania.
Accelerated Genetics and Select Sires Inc. are built upon the same cooperative business principles and share similar operating structures. Each organization stems from a root of innovative breeders who had a common vision to move the dairy and beef industries forward. Both cultures value the input of their member-owners and recognize the importance of their guidance in driving the need to produce superior genetics and outstanding reproductive programs.
The goal is to create a unified cooperative that is second-to-none in the marketplace dedicated to the producer. This will create a well-rounded genetics program and solution-based animal health-care product line that will fit the needs of dairy and beef producers worldwide. Producers can expect to continue working with highly qualified, passionate individuals who know and understand the cattle breeding industry.
Source: Select Sires
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