| ||Seed certification business on the market|| ||
AWB Limited’s Seed certification business at Agrifood Technology’s Werribee laboratory is to be sold.
The Seed Certification business is one of a limited number in Australia which offer comprehensive seed sample analysis and OECD certification, and as such performs an important function for the Australian seed industry.
AWB Limited General Manager Grain Technology Byron Collins said the business was being sold because it did not fit strategically with AWB’s core activities.
“The certification business is a specialised one which has not grown in the same direction as AWB Limited over the last few years,” Mr Collins said.
“It is not a business which we can use strategically to add value to the company, even though it is a profitable enterprise in its own right.”
Mr Collins said AWB recognised the importance of the services provided by the laboratory to the seeds industry and would ensure all existing commitments with customers would be met.
“We will be working closely with seed industry representatives to identify a buyer and to make sure the industry gets the services it requires in the testing and analytical areas,” Mr Collins said.
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