PGG Wrightson's new chief executive Mark Dewdney says he has an open mind on whether the company's seeds business should be separated.
Mr Dewdney was formerly chief executive of Livestock Improvement Corporation, a farmer-owned co-operative dedicated to improving dairy farm productivity.
In that role, he supported a joint bid in 2011 by Agria of China and Ngai Tahu to take control of PGG Wrightson. LIC lent Agria $10 million to help finance taking its stake to more than 50%.
At the time, Mr Dewdney said LIC was supporting the company because it hoped under Agria's leadership PGG Wrightson would separate out its Agritech seeds, animal health and feed supplement business and that LIC would then be able to invest in Agritech.