Key Takeaways
- Vilmorin & Cie has announced the successful completion of L'IMAD's investment in Limagrain Vegetable Seeds (LVS), the global leader in vegetable seeds.
- L'IMAD has acquired a 35% stake in LVS, with Vilmorin & Cie retaining the remaining 65% interest; the deal was originally announced in June 2025 as an ADQ investment before being completed by L'IMAD following ADQ's consolidation under L'IMAD.
- LVS and Silal, an agri-food and technology company within L'IMAD's portfolio, have established a research partnership focused on desert-adapted vegetable genetics.
- LVS generated revenues of €839 million in 2024-2025 and employs more than 4,000 people across 35 countries.
- L'IMAD will be represented on the LVS Board of Directors in proportion to its shareholding, while governance of the Limagrain Group, its cooperative, and Vilmorin & Cie remains unchanged.
L'IMAD Completes 35% Stake in Limagrain Vegetable Seeds
Vilmorin & Cie, a worldwide seed company, has announced the successful completion of L'IMAD's investment in Limagrain Vegetable Seeds (LVS), the global leader in vegetable seeds. The transaction was initially announced in June 2025 as an investment by ADQ in LVS; following the consolidation of ADQ under L'IMAD, the deal has now been completed by L'IMAD. Through the transaction, L'IMAD has acquired a 35% stake in LVS, while Vilmorin & Cie retains the remaining 65% interest. The deal has received all necessary regulatory approvals in the relevant jurisdictions and was completed in accordance with the agreed terms.
Strategic Goals: Expansion, R&D, and Desert Genetics Research
Through the investment, LVS aims to accelerate its international expansion, further strengthen investment in research and innovation, reinforce its global leadership in the vegetable seed market, and drive long-term value creation. As part of the partnership, LVS and Silal — an agri-food and technology company within L'IMAD's portfolio — have established a research partnership focused on desert-adapted vegetable genetics, an area of increasing relevance as growers contend with climate constraints in arid regions.
The companies describe the investment as aligned with Limagrain's and Vilmorin & Cie's core mission of contributing to global food security and agricultural sovereignty through innovative products tailored to local growing conditions, as well as reflecting the growing importance of international cooperation in addressing global food challenges.
Governance Remains With Vilmorin & Cie and Limagrain
L'IMAD will be represented on the Board of Directors of Limagrain Vegetable Seeds in proportion to its shareholding and will contribute to the company's strategic direction. The transaction does not result in any changes to the governance of the Limagrain Group, its cooperative structure, or Vilmorin & Cie, all of which retain their independence, long-term vision, and control.
Part of Vilmorin & Cie's Ambition 2030 Roadmap
The investment represents a milestone in the execution of Vilmorin & Cie's and Limagrain's strategic roadmap, “Ambition 2030.” With revenues of €839 million in fiscal year 2024-2025 and more than 4,000 employees across 35 countries, Limagrain Vegetable Seeds holds the position of global leader in the vegetable seed market. L'IMAD's investment is intended to provide additional resources supporting LVS's international growth in structurally attractive markets, in line with the group's 2030 objectives.
