Everything that we do has farmers at the heart of it. We are a company created and owned by farmers and Limagrain Field Seeds exists to supply farmers with the best genetics so they can be as successful and sustainably profitable as possible growing the crops the markets request.
The story of Limagrain is truly inspiring. How a group of relatively small farmers in Limagne Val d’Allier (centre of France) cooperated to create the world’s 4th largest seed company. The farmer shareholders of Limagrain have a daily proximity to all levels of our business and are genuine leaders with a long-term vision.
Limagrain Field Seeds is unique among global seed companies to have this model of farmer ownership and leadership and it is something, for which we are incredibly proud and that we want to highlight as a key factor of differentiation.
No farmer grows only one crop and no global seed business can be successful with a single crop. Limagrain Field Seeds focus is for a portfolio of multi-crops, which correspond to the needs of farmers in all continents.
We have 4 strategic crops: Corn, Wheat, Sunflower, and Oilseed Rape. Corn and Wheat are both global crops and we consider them to be part of our identity, because they serve as the base for the activities of our Cooperative farmer members. In addition, we have a portfolio of tactical crops adapted to each region: Barley, Soybean, Millet, Rice, and Pulses.
The ambition of Limagrain Field Seeds is to provide farmers with the best genetics wherever they are, whether they be large or small. Today, through Perseverance, Limagrain Field Seeds has a global presence, composed of 6 Business Units covering 6 continents with subsidiaries in over 40 countries and sales in 80 countries.
Cooperation is in our DNA. By working in partnerships based on respect and common values, Limagrain Field Seeds has been able to achieve our global ambitions through the creation multiple partnerships across all continents, via our 13 joint ventures in Europe, the USA and Canada, Africa, China and Australia. These partnerships cover both business and research activities.
In 2020, Limagrain created 2 new joint ventures in the continent of Africa with our strategic partner Seed Co.
The Limagrain Cooperative is our parent company and nearly 1,500 farmer members of the Cooperative make up the main shareholders of our Group. The members or “cooperative partners” are at the same time partners, suppliers, and customers of their cooperative. Unlike certain traditional and anonymous shareholders, they are agricultural professionals and we know them.
Within the wide range of worldwide leaders in seeds dominated by large agro-chemical groups, we offer an unprecedented form of governance, drawing from our cooperative roots.
As committed cooperative members, these partners are above all entrepreneurs, more concerned with creating added value for their production than receiving dividends. They consider the Group’s growth over the long term.
Cédric Chalard; Annabelle Borot; Matthieu Debain Farmer Members
Cooperation is part of our DNA because we are a company of men and women. Our development is guided by the desire for independence. We choose to re-inject a very significant portion of our profits into the company’s development. Our capital structure is stable, and we cannot be relocated. Instead of short-term gain, we prefer solid development to create value over the long term.
The Group is directed by a tandem of elected Farmer-Chairman and salaried CEO to encourage a range of viewpoints among Board Members and Top Executives. The model of Farmer-Chairman and salaried CEO is found at all levels within the Limagrain organisation (Divisions, Business Units and Subsidiaries). Decisions in the end are made by farmers.
Sebastian Vidal (Farmer & Chairman Limagrain Field Seeds) and Régis Fournier (CEO Limagrain Field Seeds)