Coromandel to acquire Bio-Pesticides business of EID Parry for Rs 338 crore


Coromandel International, India’s second largest phosphatic fertiliser player with interests in fertilisers, crop protection, specialty nutrients, organic fertilisers, has signed a term sheet to acquire the Bio-Pesticides business from E.I.D. Parry together with its wholly owned subsidiary Parry America, Inc, USA through a slump sale.

The transaction is valued at Rs 338 crore. which includes purchase of Bio-Pesticides business of E.I.D. Parry together with its R&D unit, captive plan ..

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