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On 9th November, 2021, Mitsui & Co ("Mitsui", Head Office: Tokyo, President and CEO: Kenichi Hori) reached an agreement to acquire 100% shares of ISI Sementi S.p.A (ISI).
Founded in 1981, ISI is a highly reputed vegetable seeds producer engaged in research, production, and sales of vegetable seeds. Headquartered in Fidenza, Italy, ISI has long-standing, favorable relationships with over 1,000 customers operating in key agricultural countries and a strong footprint in the Mediterranean market where Mitsui considers to be strategic in the backdrop of its integral role in global agriculture, e.g. advantages in innovation, as well as vibrant agricultural eco-system. For four decades, ISI has been committed to the best services possible and Mitsui intends to continue to build on ISI's business foundation by investing in research and development, innovation, and talent. Additionally, Mitsui plans to bring varieties developed by its other group companies, including Japan Vegetable Seeds Co., Ltd., a joint venture with 4 Japanese research based vegetable seed companies, to complement ISI's product portfolio. Furthermore, will be supporting ISI's growth in international markets by leveraging Mitsui's global presence and sales channels.
For Mitsui, Nutrition and Agriculture is a business domain with strategic priority - aiming to provide solutions to increase the supply of more nutritious food, tackling challenges such as climate change and the growing population. Vegetable seeds is regarded as one of the key solutions which has long-term potential and Mitsui is committed to do responsible work to build value for our global customers and partners.
|Name||ISI Sementi S.p.A.|
|Business overview||Reseach, production and sales of vegetable seeds|
“Build brighter futures, everywhere” as our corporate mission, and to gain the trust and expectations of our stakeholders to realize a better tomorrow for earth and for people around the world, we have identified five material issues (“Materiality”) for Mitsui’s sustainable growth. We anticipate this particular project/ business to contribute especially to the realization of “Secure sustainable supply of essential products” and “Create an eco-friendly society”
Secure sustainable supply of essential products
Enhance quality of life
Create an eco-friendly society
Develop talent leading to value creation
Build an organization with integrity