![\"Zacks](\"https:\/\/www.europesays.com\/germany\/wp-content\/uploads\/2026\/05\/566892688c6c03633747c4e9104b2cc8.jpeg\")
Zacks Investment Research <\/p>\nBASF SE\u2019s BASFY vegetable seeds brand, Nunhems, operating under Nunhems India Pvt. Ltd., has officially agreed to acquire Noble Seeds Pvt. Ltd., a notable Indian vegetable seed company. The acquisition strengthens BASF Nunhems\u2019 position in India and expands its coverage in the country.<\/p>\n
The transaction is subject to statutory approvals and is slated to close by the end of the first quarter of 2026. The financial terms were not disclosed.<\/p>\n
The acquisition will complement the existing portfolio by adding two important crops, cauliflower and radish, alongside the current crops like hot peppers, watermelons, gourds and tomatoes. It also drives the company\u2019s vision of sustainability with innovation in the growing vegetable market.<\/p>\n
Being one of India\u2019s fastest-growing vegetable seed companies, Noble Seeds is known for breeding and supplying hybrids of key crops such as cauliflower, radish, tomato, hot pepper, watermelon, gourds, okra and cucumber and leads in the sale of cauliflower hybrid seeds in India.<\/p>\n
With the combination of BASF Nunhems\u2019 breeding expertise with Noble\u2019s regional presence and market knowledge, a new milestone will be achieved. Together, the companies aim to become the market leader in India by strengthening the crop rotation portfolio as well as our connected offers in the fruits and vegetables market. To make the integration smooth, both companies will operate independently until integration is completed, ensuring continuity for customers and partners during the transition, and a dedicated integration team will guide the transition.<\/p>\n
BASFY\u2019s shares have gained 20.6% over the past year compared with the industry\u2019s 14.3% decline.<\/p>\n
Zacks Investment Research <\/p>\n
Image Source: Zacks Investment Research<\/p>\n
BASFY\u2019s Zacks Rank & Key Picks <\/p>\n
BASFY currently carries a Zacks Rank #3 (Hold).<\/p>\n
Some better-ranked stocks in the Basic Materials space are\u00a0Kinross Gold Corporation KGC, Fortuna Mining Corp. FSM and Equinox Gold Corp. EQX.<\/p>\n
At present, KGC sports a Zacks Rank #1 (Strong Buy), while FSM and EQX carry a Zacks Rank #2 (Buy) each. You can see\u00a0the complete list of today\u2019s Zacks #1 Rank stocks here.<\/p>\n
The Zacks Consensus Estimate for KGC\u2019s current-year earnings is pegged at $1.67 per share, indicating a rise of 145.59%. Its earnings beat the Zacks Consensus Estimate in three of the trailing four quarters while missing once, with an average surprise of 17.37%. KGC\u2019s shares have gained 213.5% over the past year.<\/p>\n
The Zacks Consensus Estimate for FSM\u2019s current fiscal-year earnings is pinned at 76 cents per share, indicating a 65.22% year-over-year increase. Its shares have surged 133.3% over the past year.<\/p>\n","protected":false},"excerpt":{"rendered":"BASF SE\u2019s BASFY vegetable seeds brand, Nunhems, operating under Nunhems India Pvt. Ltd., has officially agreed to acquire…\n","protected":false},"author":2,"featured_media":19760,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21106],"tags":[20305,22849,24551,24550,24552,21135],"class_list":["post-22403","post","type-post","status-publish","format-standard","has-post-thumbnail","category-basf","tag-basf","tag-consensus-estimate","tag-noble-seeds","tag-nunhems","tag-vegetable-seed-companies","tag-zacks-investment-research"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/22403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/comments?post=22403"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/posts\/22403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media\/19760"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/media?parent=22403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/categories?post=22403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/germany\/wp-json\/wp\/v2\/tags?post=22403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}