Ball Acquires Ex-Plant
Ball Horticultural Co. has acquired a majority of shares in Ex-Plant, a Danish potted plant breeder. Ex-Plant will become a part of Ball’s PanAmerican Seed division upon the close of this transaction, which is anticipated in January 2017.
Current owner Carsten Leth will retain the remaining shares and will assume the new position of global business manager-pot plants for PanAmerican Seed.
Leth will focus on the global development and implementation of the company’s pot plant products based on proprietary breeding as well as supply from other leading breeders of pot plant products. He will continue to manage the Danish operation and will remain the main contact for Ex-Plant key accounts.
Daily business and customer service will continue to be available out of the Denmark office. Beginning May 1, 2017, the complete Ex-Plant assortment will be available worldwide through PanAmerican Seed distributors.
The current Ex-Plant team in Glamsbjerg, Denmark, will remain in place and will join the global PanAmerican Seed network of breeding locations in development of market leading product for the global ornamental horticulture market.