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

Economictimes
2017.12.25

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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