Farmer's Business Network (FBN) Acquires Haplotech and Cibus' Canadian Canola Breeding Program

October 27, 2020

FBN Canada, the Canadian unit of Farmer's Business Network (FBN), has acquired Winnipeg-based seed R&D and consulting firm Haplotech Inc. and purchased the Canadian canola breeding program and pipeline from San Diego-based Cibus. The deals expand FBN Canada's seed research and commercialization capabilities, with Haplotech founder Dr. Rale Gjuric leading FBN Canada's Seed R&D team to support eventual commercialization of canola seed in Canada.

Buyers
FBN Canada (Farmer's Business Network, Inc.)
Targets
Haplotech Inc., Cibus Canadian canola breeding program and pipeline
Sellers
Cibus
Industry
Agriculture
Location
Manitoba, Canada
Transaction Type
Buyout

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