Syngenta acquires Goldsmith for $74 million

Syngenta announced the purchase of Goldsmith Seeds, the largest producer of floral seeds in the World, with more than 1,500 employees and operations in Guatemala.

Tuesday, October 21, 2008

Founded in 1961 in Gilroy, California, USA, by the Goldsmith family, it is one of the largest producers of floral seeds in the world.
The company won the Medal of Peace in 1997 for maintaining its farms in Guatemala during the armed conflict.
It has plantations in Amatitlan, San José Pinula and Jalapa, called Jardines Mil Flores (Thousand Flowers Gardens), S. A., Las Vertientes, S. A. y Esquejes, S. A.

More on this topic

Plant and Flower Exports in Guatemala

November 2016

Almost $100 million is the export value of the over 500 species and three thousand varieties of ornamental plants, cut flowers and foliage shipped in 2015.

Of the total production of flowers, ornamental plants and foliage, 80% goes to the international market, while the remaining 20% is sold locally. In 2015 sales abroad totaled $95.3 million, and between January and August this year the figure has already exceeded $70 million.

Opportunities for Flowers and Foliage in the UK

October 2013

The country imports 90% of flowers demanded making it the second biggest buyer of the product within the European Union.

A statement from the Foreign Trade Promotion Office of Costa Rica (PROCOMER) reads:

In the UK there is a population of nearly 63 million people with high absorption capacity and a culture of acquisition of flowers, which determines that this country is the second largest importer of flowers and ornamental foliage within the European Union.

Guatemala: Seeds Act

September 2012

The Ministry of Agriculture, Livestock and Food (MAGA) is promoting new legislation for the use of seeds.

Since 1960 the import, distribution and marketing of seeds has been regulated by a ministerial agreement, the new proposal, which has the support of the United Nations Organization for Food and Agriculture (FAO) and the Spanish International cooperation Agency for Development promotes the formation of local companies o as to be able to have reserves in critical situations.

Nicaragua: $3 Million for Agriculture

May 2009

The World Bank approved $3 million for the Government of Nicaragua to purchase eeds and supplies for basic-grain planting.

The head of the Ministry of Agriculture and Forestry (MAGFOR), Ariel Bucardo, said that in addition to the $3 million approved by the World Bank on Monda, MAGFOR is negotiating with the international entity for an additional appropriation of $10 million "to support the purchase of supplies and seeds for some 240 thousand farmers nationwide," according to an article in

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