ADQ in Talks with Limagrain for 35% Stake Acquisition
Deal News | Jun 26, 2025 | Zawya
ADQ, a prominent Abu Dhabi-based investment firm, is engaged in negotiations to acquire a 35% stake in Limagrain's vegetable seeds segment. Limagrain, a leading seed supplier from France, sees this potential partnership as an opportunity to enhance its research into creating seeds suitable for harsh climates. This collaboration will be formalized through a joint R&D initiative with Silal, an ADQ portfolio company. The move is part of Limagrain's strategy to incorporate minority shareholders to bolster its climate-resilient seed varieties research. Although the financial terms were not disclosed, the business in question reported combined sales of 796 million euros for its 2023-2024 fiscal year. ADQ's previous investment in the agricultural sector includes a 45% stake acquisition in Louis Dreyfus Company.
Sectors
- Agriculture
- Private Equity
Geography
- France – Limagrain, the target company, is based in France.
- United Arab Emirates – ADQ, the bidding company, is based in Abu Dhabi, UAE, and the proposed joint R&D is focused there.
Industry
- Agriculture – The article is primarily concerned with the agricultural sector, specifically focusing on seed supply and development.
- Private Equity – ADQ, a private equity company, is involved in acquiring a stake in Limagrain's business.
Financials
- 796 million euros – Combined sales of Limagrain's vegetable seed activities for the 2023-2024 financial year.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ADQ | Bidding Company | Company | Abu Dhabi-based investment firm looking to acquire a 35% stake in Limagrain's vegetable seeds business. |
| Limagrain | Target Company | Company | A French agricultural group and one of the world's leading seed suppliers. |
| Silal | Other Company | Company | An ADQ portfolio company set to collaborate with Limagrain on joint R&D. |
| Louis Dreyfus Company | Other Company | Company | A crop merchant in which ADQ holds a 45% stake. |