SIGCOShipowners Insurance and Guaranty Company Ltd. (UK business)
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SIGCO is a world wide supplier of sunflower products and is fully integrated from the sale of sunflower seed to farmers through processing the contracted crop into finished in-shell and kernel sunflower products.
SIGCO markets its non-genetically modified sunflower products throughout the United States and to international markets in Europe, Asia and the Americas.
effective October 31, 2003) (Nasdaq:STKL) (TSX:SOY) announced today that it has reached an agreement to acquire the business and operating assets of SIGCO Sun Products, Inc.
SIGCO is highly compatible with Stake's vertically integrated business model.
SIGCO, which has a history of profitability, had revenues of approximately $20 million in the last twelve months of operations.
Our SIGCO team has done an outstanding job of adding value to sunflower over the years.
Dan Tutcher, President and CEO of Midcoast noted "The SIGCO assets are a perfect complement to our already strong presence in the Gulf Coast region.