Suba Seeds Appoints Andre Goig to Board of Directors

LONGIANO, Italy, Dec. 18, 2015 /PRNewswire/ -- Suba Seeds Company S.p.A. ("Suba Seeds" or the "Company"), a leading specialty vegetable and legume seed producer, today announced that it will appoint André Goig to its Board of Directors.  Mr. Goig's appointment follows the recent acquisition of Suba Seeds by Paine & Partners, LLC ("Paine & Partners"), a global private equity investment firm focused on investing in food and agribusiness.

Mr. Goig has more than 20 years of leadership experience in the global seeds industry, most recently serving as Regional Head of Europe, Africa and the Middle East at Syngenta, where he led Syngenta's $4 billion Agrochemical and Seed activities businesses.  Prior to that, he served in key leadership roles across Syngenta's seed and crop protection businesses, including as global head of Syngenta's vegetable  seeds division.         

"André is a proven business leader with a strong track record of achievement across the global vegetable seeds industry," said Marcello Tumedei, Chief Executive Officer of Suba Seeds. "André brings to the Board significant leadership and operational experience in key strategic markets.  We look forward to working with him as we strengthen Suba Seeds' global market position and capture additional opportunities to drive growth across the Company."   

Mr. Goig said, "It is an honor to join the Board of Suba Seeds, a leader in the growing global market for specialty vegetable seed production that is well known for its diverse product portfolio and best-in-class production expertise. This is an exciting time to be joining the Company, as Suba Seeds' recent acquisition by Paine & Partners provides the Company with the resources to achieve new levels of growth and expansion.  I am excited about working with Marcello and the management team, as well as the team at Paine & Partners, to help Suba Seeds expand its business and achieve its full potential."  

Angelos Dassios, Partner at Paine & Partners and a Director at Suba Seeds, said, "We are pleased to attract an executive of André's caliber and with André's specific industry experience to the Board of Suba Seeds so quickly after our initial investment.  André is a terrific fit and we are confident that he will play an important role in supporting the Company's international growth through strategic global partnerships and product portfolio enhancements."

About André Goig
Mr. Goig most recently served as Regional Director EAME for Syngenta Crop Protection and Seeds activities until December 2014. From 2004 to 2010, he also served as Global Head of Vegetables – Seeds.  Prior to that, Mr. Goig was appointed to leadership roles at legacy Syngenta companies, including Novartis Seeds and Sandoz Agro, starting in 1988.  Before that, Mr. Goig held numerous European financial and general management positions at Price Waterhouse, Dana Corporation and Pennwalt Corporation. Mr. Goig obtained a degree in Economics from ISG Business School in Paris before attending various advanced Executive Education programs at Harvard University and Northwestern University. He was a Board member of ESA (European Seeds Association) and of EuropaBio (biotech industry at the EU level), as well as the Chairman of its Agri-Food council.

About Suba Seeds
Suba Seeds is a leading producer, packer and distributor of specialty vegetable seeds for the professional, semi-professional, and hobby garden markets around the world, and a contract supplier to a diverse set of global seed companies.  The company is the leading producer of coriander with a strong portfolio of core crops including varieties of beans, peas, radish, cabbage, alfalfa, carrots, chicory, and onion. Founded in 1974 in Italy, Suba today has operations in Italy, France and the United States.

About Paine & Partners
Paine & Partners is a private equity firm that focuses on complex investment opportunities in the fast-growing, dynamic global food and agribusiness sectors.  Paine & Partners' team includes 25 investment, operations and finance professionals focused on investing globally across the food and agribusiness value chain and throughout cycles.  The firm currently invests through its $893 million Paine & Partners Fund IV, which is solely dedicated to agribusiness investing.  For further information, see www.painepartners.com.

Contacts:
Andy Brimmer / Aaron Palash
Joele Frank, Wilkinson Brimmer Katcher
+1 212-355-4449

SOURCE Paine & Partners

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