|Category:||Related Category:||Sub Category:|
Crystal Crop Protection, one of the leading research and development based crop protection companies in India, has acquired Dursban, Nurelle-D and Predator brands in India from Corteva Agriscience, a global agriculture company.
Highlighting about the acquisition, Ankur Aggarwal, Managing Director, Crystal Crop Protection said,"This acquisition is a part of Crystal’s strategy to add value to its business and ensure growth for all its stakeholders. We believe such strategic acquisitions would improve our competitiveness, further help in diversifying our product portfolio and thus strengthen our market presence across India.”
This is Crystal’s fifth acquisition in last two years, the first was the acquisition of the manufacturing facility at Nagpur from Cytec India, the second was Indian Grain Sorghum, Pearl Millet and Fodder Sorghum seeds business from Syngenta India, third was four brands namely Furadan, Splendour, Affinity Force and Metcil from FMC India and fourth was three brands from Syngenta, namely Tilt, Proclaim and Blue Copper.
Agrochemicals company, Crystal has made number of acquisitions in the past few years. Crystal signed an agreement with Germany's BASF SE in 2016 to acquire the brand Bavistin for use in India. Crystal Crop Protection also acquired Hyderabad based company Rohini-Seeds and Rohini Bioseeds and Agritech in 2011, which has brought its presence in the seeds market.
Crystal Crop Protection is a R&D based crop protection manufacturing and marketing company. The company’s business is segregated into agrochemicals, seeds and farm equipment businesses. The company has integrated operations, from undertaking R&D of new molecules to manufacturing and delivering products to farmers through its extensive network of distribution partners. The company’s products cater to the entire lifecycle of crops, from sowing to harvesting assisting Indian farmers to maximise productivity and profitability.
Corteva Inc. is a publicly traded, global agriculture company that provides farmers around the world with the complete portfolio in the industry – including a balanced and diverse mix of seeds, crop protection and digital solutions focused on maximising productivity to enhance yield and profitability. With some of the most recognised brands in agriculture and an industry-leading product and technology pipeline well positioned to drive growth, the company is working with stakeholders throughout the food system.