United Phosphorus acquires 100 per cent stake in Agrichem

United Phosphorus acquires 100 per cent stake in Agrichem

9:34 AM, 17th July 2012
United Phosphorus acquires 100 per cent stake in Agrichem

MUMBAI, INDIA: Overseas subsidiary of United Phosphorus Limited (UPL) has entered into an agreement with SD Agchem Europe, a subsidiary of Punjab Chemicals and Crop Protection Limited to acquire 100 per cent in the Dutch company Agrichem along with all tangible and intangible assets, IPR, product registrations, brands, distribution network and manufacturing facilities.

“Agrichem will give us new and enhanced market access in European countries. Agrichem has an exciting registrations portfolio with products that will be complimentary to UPL’s existing portfolio in Europe,” said Jai Shroff, CEO, United Phosphorus Ltd.

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