“The closing of the AgReliant transaction marks the final step of successful divestitures in the corn segment”, says Nicolás Wielandt, Executive Board Member responsible for the transaction. „It paves the way for further executing our strategy for profitable growth by strengthening leadership positions in field crops, building a strong footprint in the vegetable seed market and advancing seed innovations.”
As part of the transaction, KWS’ shares in AgReliant and rights to genetic material for corn were sold. The transaction volume for the sale of KWS shares is in the low three-digit million range (USD) and for the licensing agreements in the mid-double-digit million range (USD). The agreements provide for purchase price payments in several installments over five years, with a significant portion of the purchase price due immediately.
As expected, the sale of the KWS shares led to an impairment of the corresponding book value in the low double-digit million range (EUR) in the financial result of the KWS Group in the past 2024/2025 financial year (ending June 30, 2025). However, with the license agreements coming into effect, KWS expects a significant one-time gain in the above-mentioned range in the first quarter of fiscal year 2025/2026 (beginning July 1, 2025).
KWS will publish financial results for the 2024/2025 fiscal year and the annual report on September 25, 2025.