PepsiCo has acquired Australian seed potato business Dowling AgriTech (DAT) to strengthen seed supply, drive innovation, and support grower partnerships across the Asia-Pacific region.
According to PepsiCo, DAT's seed variety pipeline, grower relationships, and agronomic expertise will contribute to its long-term sustainable agronomy strategy in APAC.
Colin Matthews, Supply Chain Senior Director for PepsiCo APAC, said the acquisition enhances PepsiCo's role in the seed potato sector. "By integrating DAT's capabilities and expertise, we can help secure seed supply and bring innovation to the agriculture sector," he said.
Ben Dowling, Director at Dowling AgriTech, said the transaction was an important step for the company. "This is a great outcome for DAT. It's business as usual in all respects, yet we're now part of a global food and beverage company, with a high capacity to drive the business forward. We developed this business with the aim of contributing to potato crop improvement, both in Australia and in export markets. Our mission is to produce high-quality seed so that each variety can reach its full genetic potential. PepsiCo is a strong believer in this, and we see strong alignment in intentions and capabilities as we move forward."
PepsiCo said the acquisition deepens its investment in the agricultural value chain and reinforces its focus on sustainable growth and resilience in seed potato production.
PepsiCo's APAC Agronomy Team will oversee DAT's operations and plans to invest further in the facility to support continued production of seed potatoes for domestic and export markets.