Genus plc

Genus plc is a British-based business selling products manufactured using biotechnology to cattle and pig farmers. It is headquartered in Basingstoke and is a constituent of the FTSE 250 Index.

Genus plc
TypePublic
LSE: GNS
ISINGB0002074580 
IndustryBiotechnology
Founded1933
HeadquartersBasingstoke, Hampshire, UK
Key people
Bob Lawson, Chairman[1]
Karim Bitar, CEO[1]
Revenue£488.5 million (2019)[2]
£8.7 million (2019)[2]
£6.7 million (2019)[2]
Websitewww.genusplc.com

History

The business has its origins in the former Breeding & Production Division of the Milk Marketing Board which was established in 1933 and broken up in 1994.[3] In 1999 Genus acquired ABS Global, a company founded by J.R. Prentice in the US as the American Breeders Service in 1941 selling the semen of cattle.[4] In 2005 Genus acquired, through the takeover of Sygen International plc, PIC, a company founded by six pork producers in the UK as the Pig Improvement Company in 1962.[5]

Operations

The Company has two divisions:[6]

References
  1. "Genus plc - Investor Relations - Genus Board". genusplc.com. Archived from the original on 10 July 2017. Retrieved 28 March 2015.
  2. "Annual Report 2019" (PDF). Genus plc. Retrieved 1 March 2020.
  3. The BSE Inquiry Archived 2008-10-10 at the Wayback Machine
  4. "Genus agrees to acquire ABS Global". Milwaukee Business Journal. 3 August 1999. Retrieved 1 March 2020.
  5. "Genus Completes Acquisition Of Sygen". The Pig Site. Archived from the original on 9 February 2012. Retrieved 28 March 2015.
  6. "Genus". Market Watch. Retrieved 25 March 2018.
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