|
|
Savia
encompasses
a
group
of
companies
focused
on
businesses
that
are
strategically
positioned
to
capture
value
throughout
the
food
chain.
Savia,
through
its
subsidiaries
Seminis
and
Bionova,
is
a
world
leader
in
the
development,
production
and
marketing
of
seeds
for
fruits
and
vegetables.
It
is
also
a
principal
distributor
of
fresh
fruits
and
vegetables
in
North
America.
Its
operations
extend
to
120
countries
and
employ
nearly
8,000.
Annual
sales
are
approximately
$800
million
(U.S.) Savia’s
companies
participate
directly
and
indirectly
in
distinct
areas
of
the
agroindustrial
sector.
This
diversity
has
given
Savia
the
ability
to
strategically
position
itself
to
capture
value
in
each
of
the
stages
of
the
food
chain. Technology
plays
a
central
role
in
Savia’s
strategy
and,
through
its
affiliates,
the
company
owns
advanced
technology
for
the
agricultural
sector.
Although
this
technology
is
fundamental
as
a
technical
platform
for
traditional
hybridization,
a
speciality
in
which
it
dominates
on
a
world
scale,
the
firm
has
also
been
strengthened
in
the
area
of
improving
the
genetics
of
fruits
and
vegetables
and
is
ready
to
participate
in
this
sector
as
soon
as
the
markets
require
this
category
of
products. Almost
none
of
the
products
marketed
by
Savia’s
affiliates
have
been
developed
using
genetic
modification
and,
in
fact,
only
0.2%
of
its
sales
are
provided
by
products
of
this
nature.
Savia’s
portfolio
also
includes
Desarrollo
Inmobiliario
Omega,
a
company
dedicated
to
the
development
of
real
estate
projects
in
northern
Mexico.
Among
its
many
assets
are
some
of
the
most
attractive
residential
development
properties
in
the
country. Savia
is
listed
on
NYSE
(VAI)
and
on
the
Mexican
Stock
Exchange
(SAVIA
A).
Capital
gains
are
not
taxed
on
the
Mexican
stock
market
making
Savia
one
of
the
few
global
companies
able
to
offer
this
benefit
to
its
investors.
|
 |