FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

For the month of ~~April~~ Jun 302, 2003

Commission File Number 1-12736

Savia S.A. de C.V.
(Translation of registrant's name into English)

Rio Sena 500 Pte.
Col. Del Valle, San Pedro Garza Garcia, N.L. Mexico 66220
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F....X..... Form 40-F.........

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by

Regulation S-T Rule 101(b)(1): ......

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by

Regulation S-T Rule 101(b)(7): ......

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ..... No ..X...

If "Yes" is marked, indicate below the file number assigned to the registrant in connection with

Rule 12g3-2(b): 82- ......

* Relevant Event dated ~~April~~Jun 302, 2003

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Savia, S.A. de C.V. By: /s/ Francisco Garza Barbosa ___________________ Francisco Garza Barbosa Comptroller Date: ~~April~~Jun 302, 2003

~~FINANCIAL~~Contacts ~~INFORMATION~~: SAVIA Francisco Garza Phone: 52818 - 1735500 e-mail: fjgarza@savia.com.mx SEMINIS Enrique Osorio Phone : 805-657-1542 e-mail : enrique.osorio@seminis.com FOX PAINE Joele Frank, Wilkinson Brimmer Katcher Andy Brimmer / Nina Covalesky Phone: 212-355-4449

Investor Relations:	Media Contact:
Francisco Garza	Francisco del Cueto
Phone: 81-81 73 55 00	Phone: 55-56 62 31 98
Fax: 81-81 73 55 08	Fax: 55-56 62 85 44
E- mail: fjgarza@savia.com.mx	e-mail: delcueto@mail.internet.com.mx

SAVIA AND FOX PAINE ENTER INTO
DEFINITIVE AGREEMENTS
TO ACQUIRE SEMINIS

~~Shareholders~~Oxnard, ~~approved~~California, Monterrey, Mexico and, San Francisco, California. June 2, 2003 - Seminis, Inc. (Nasdaq: SMNS) announced today that it has entered into a definitive merger agreement with entities related to Savia, S.A. de C.V. (BMV: SAVIA; NYSE: VAI) pursuant to which certain Savia related parties will acquire all of the ~~sale~~outstanding shares of Seminis, the world's largest developer, producer and marketer of fruit ~~dividend~~and ~~payment~~vegetable seeds. Public holders of approximately 15.8 million Seminis shares will receive $3.78 per share in the merger. Immediately following the merger, certain Savia related parties will sell to certain investment funds managed by Fox Paine & Company, LLC, a San Francisco based private equity firm, a number of the Seminis shares they will then own, representing approximately 75% of the Seminis common shares, following completion of the transactions, for $3.40 per share in cash. Certain entities affiliated with Alfonso Romo Garza, Seminis' and Savia's Chairman and Chief Executive Officer, will receive co-investment rights to purchase, subject to certain conditions, up to 34% of Seminis following the merger. Stockholders of Seminis representing in excess of 85% of the currently outstanding voting power of Seminis have entered into agreements to vote in favor of the merger. Savia shareholders provided their approval at a shareholder meeting held on April 30, 2003.

~~Monterrey,~~The ~~Mexico,~~overall ~~April~~transaction ~~30,~~has ~~2003. Savia~~a ~~S.A.~~total deenterprise ~~C.V.~~value ~~(Savia) (BMV:SAVIA NYSE:VAI) announced today that~~ in ~~the~~excess ~~extraordinary~~of ~~shareholders~~$650 ~~meeting~~million. The ~~that~~$3.78 ~~took~~per ~~place today, they~~share ~~approved~~price ~~the~~to ~~sale of the shares of its subsidiary~~ Seminis' ~~Inc.~~public tostockholders ~~Fox~~represents ~~Paine & Company, L.L.C. (Fox Paine)~~ a ~~private~~premium ~~equity~~of ~~firm~~51% based on ~~San~~Seminis' ~~Fransico,~~closing ~~California.~~price ~~This transaction is subject to conditions established by the Letter~~ of ~~Intent~~$2.51 ~~signed~~ on December ~~13th~~13, 2002~~. In addition~~, ~~they approved~~ the ~~payment~~last ofclosing aprice ~~cash~~prior ~~dividend~~to ofthe ~~U.S.$0.5338~~public ~~dollars~~announcement ~~(zero~~of ~~point five~~the ~~three three eight dollar) per~~ Savia's ~~outstanding~~letter ~~shares.~~of ~~This~~intent ~~payment is subject to the~~with ~~suspensive~~Fox ~~condition~~Paine ~~for~~regarding ~~Savia to close~~ the ~~above~~overall ~~mentioned~~ transaction ~~with Fox Paine~~.

The Seminis Board of Directors approved the merger agreement after receiving the unanimous .recommendation .of a special committee of independent directors, which was formed following the announcement of the December 13, 2002 letter of intent between Savia and Fox Paine.

~~Savia,~~As ~~S.A.~~part deof ~~C.V.~~the ~~(www.savia.com.mx)~~transaction, ~~participates~~immediately inprior ~~industries~~to ~~that~~the ~~offer~~consummation ~~high~~of ~~growth~~the ~~potential~~merger, inSavia ~~Mexico~~will exchange ~~and~~its ~~internationally.~~Seminis ~~Its~~Class ~~principal~~C ~~subsidiaries~~preferred ~~include~~shares for approximately 37.7 million shares of Seminis common stock, aafter which, ~~global~~the ~~leader~~total innumber ~~the~~of ~~production~~outstanding ~~and~~Seminis ~~marketing~~common ofshares will be approximately 101.7 million. Savia ~~fruit~~expects ~~and~~to ~~vegetable~~distribute ~~seeds,~~approximately ~~Bionova,~~$0.53 aper ~~company~~share ~~focused~~to onits shareholders from the ~~production,~~proceeds ~~distribution~~of ~~and~~its ~~comercialization~~sale of ~~fruits~~Seminis ~~and~~shares ~~vegetables~~to ~~and~~Fox ~~Desarrollo~~Paine. In ~~Inmobiliario Omega~~addition, a ~~company~~portion ~~dedicated~~of the proceeds will be used by Savia to ~~the~~settle ~~development~~and ofrepay ~~real~~all ~~estate~~of inits ~~Northern~~currently ~~Mexico~~outstanding indebtedness.

~~Seminis,~~Existing ~~Inc.~~management ~~(www.seminis.com)~~will iscontinue ~~the~~to ~~world's~~run ~~largest~~the ~~developer~~Company, ~~producer~~with ~~and marketer of vegetable seeds~~Mr. ~~The company~~Romo ~~uses~~serving ~~seeds~~ as ~~the~~Chairman ~~delivery vehicle for innovative agricultural technology. Its products are designed to reduce~~and ~~the~~Chief ~~need~~Executive ~~for~~Officer ~~agricultural~~and ~~chemicals,~~Dexter ~~increase crop yield~~Paine, ~~reduce~~President ~~spoilage,~~of ~~offer~~Fox ~~longer shelf life~~Paine, ~~create~~serving ~~better~~as ~~tasting foods~~Vice ~~and~~Chairman ~~foods~~of ~~with better nutritional content.~~ Seminis ~~has established a worldwide presence and global distribution network that spans 150 countries and territories~~.

Mr. Romo said, "With Fox Paine as a strategic partner, we are strengthening Seminis' position as the world's leading provider of high-quality specialty seeds in both developed and emerging markets. Fox Paine's insight and expertise in the industry is proving to be invaluable as we focus on offering total solutions to our customers and capturing value in the food chain."

Mr. Paine said, "We are very excited to be making a strategic investment in Seminis and to have the opportunity to participate in its future growth. Seminis' innovative agricultural technology and its experienced and talented management team, led by Alfonso Romo Garza, together with its new capital structure, will accelerate the next stage of this dynamic company's development."

The transaction is expected to be completed later this summer and is subject to customary conditions, including the approval by Seminis' stockholders, availability of financing and certain regulatory approvals. Seminis intends to file shortly with the U.S. Securities and Exchange Commission copies of the merger and other related agreements.

Safe Harbor Statement
All statements in this press release other than statements of historical facts are "forward looking" statements, including without limitation statements regarding the Savia's and Seminis' financial position, business strategy, plans, proposed transaction and objectives of management and industry conditions. Although Savia and Seminis each believes that the expectations reflected in such forward-looking statements regarding it are reasonable, it can give no assurance that such expectations will prove to be correct or that the proposed transaction will be completed. The following factors, among others, may affect the actual results of Savia and/or Seminis or the proposed transaction and could cause such results to differ materially from those expressed in any forward-looking statements made by or on behalf of Savia and/or Seminis: competitive factors, agribusiness risks, governmental and economic risks associated with foreign operations, need for
additional financing, as well as changes in the equity markets. Further information on the factors that could affect the financial results of Savia and/or Seminis is contained in their respective filings with the U.S. Securities and Exchange Commission. Neither Seminis nor Savia take any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrences of unanticipated events or changes to future operating results.

Savia (www.savia.com.mx) participates in industries that offer high growth potential in Mexico and internationally. Among its main subsidiaries are: Seminis a global leader in the development, production and commercialization of fruit and vegetable seeds; Bionova, a grower and marketer of fresh produce; and Omega, a real estate development company.

Seminis, Inc. (www.seminis.com) is the world's largest developer, producer and marketer of vegetable seeds. The company uses seeds as the delivery vehicle for innovative agricultural technology. Its products are designed to reduce the need for agricultural chemicals, increase crop yield, reduce spoilage, offer longer shelf life, create better tasting foods and foods with better nutritional content. Seminis has established a worldwide presence and global distribution network that spans 150 countries and territories.

Fox Paine & Company, LLC manages investment funds in excess of US$1.5 billion, providing equity capital for corporate acquisitions, company expansion and growth programs and management buyouts. The Fox Paine funds are managed on behalf of over 50 leading international financial institutions, including major governmental and corporate pension systems, Fortune 100 companies, major life and property & casualty insurance and reinsurance companies, money center and super regional commercial banks, investment banking firms, and university endowments. Fox Paine was founded in 1997 by Saul A. Fox, a former general partner of Kohlberg Kravis Roberts & Co., and W. Dexter Paine, III, a former general partner of Kohlberg & Co. More information about Fox Paine can be found at www.foxpaine.com.

ADDITIONAL INFORMATION

Seminis will file with the SEC, and will furnish to holders of Seminis common stock, a proxy statement. HOLDERS OF SEMINIS COMMON STOCK ARE URGED TO READ THE PROXY STATEMENT TO BE PREPARED IN CONNECTION WITH THE MERGER WHEN IT BECOMES AVAILABLE, BECAUSE IT CONTAINS IMPORTANT INFORMATION. Holders of Seminis common stock may obtain a copy of the proxy statement (when it is available) and other documents containing information about Seminis, free of charge, at the SEC's web site at www.sec.gov. Copies of the proxy statement (when it is available) may also be obtained for free by directing a request to: Investor Relations, Seminis, Inc., 2700 Camino del Sol, Oxnard, CA 93030-7969 USA.

Seminis and certain of its directors and executive officers may, under the rules of the SEC, be deemed to be participants in the solicitation of proxies from holders of Seminis common stock in favor of the merger. Information about the directors and executive officers of Seminis and their ownership of Seminis common stock is set forth in the Annual Report on Form 10-K filed with the SEC by Seminis on January 14, 2003, as amended on January 28, 2003. Additional information regarding the interests of these participants may be obtained by reading the proxy statement regarding the proposed transaction when it becomes available.

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FORM 6-KSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934

Contents

Signatures

FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934

Filing Compare · SAVIA SA DE CV