Genus plc

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Genus plc
Public
Traded as LSEGNS
Industry Biotechnology
Founded 1933
Headquarters Basingstoke, Hampshire, UK
Key people
Bob Lawson, Chairman[1]
Karim Bitar, CEO[1]
Revenue £459.1 million (2017)[2]
£38.2 million (2017)[2]
£34.3 million (2017)[2]
Website www.genusplc.com

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.

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]

  • ABS - products for cattle
  • PIC - products for pigs

Board of directors

The board of directors is as follows:[1]

  • Bob Lawson (Chairman)
  • Karim Bitar (CEO)
  • Stephen Wilson (Group Finance Director)
  • Nigel Turner (Senior Non-Executive Director)
  • Lysanne Gray (Non-Executive Director)
  • Professor Duncan Maskell (Non-Executive Director)
  • Lykele van der Broek (Non-Executive Director)
  • Dan Hartley (Group General Counsel & Company Secretary)

References

  1. ^ a b c "Genus plc - Investor Relations - Genus Board". genusplc.com. Retrieved 28 March 2015. 
  2. ^ a b c "Annual Report 2017" (PDF). Genus plc. Retrieved 25 March 2018. 
  3. ^ The BSE Inquiry Archived 2008-10-10 at the Wayback Machine.
  4. ^ ABS Global Parent Reports Positive Year-End Results and Stock Listing
  5. ^ "Genus Completes Acquisition Of Sygen". The Pig Site. Retrieved 28 March 2015. 
  6. ^ "Genus". Market Watch. Retrieved 25 March 2018. 

External links

  • Official site
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