Crystal Crop Protection Acquires FMC India for $252 Million
Crystal Crop Protection buys FMC India business
The Economic Times
Image: The Economic Times
FMC Corporation has agreed to sell its Indian operations, FMC India Pvt Ltd, to Crystal Crop Protection for $252 million. This acquisition includes FMC's crop protection activities and brand licenses, aiming to enhance innovation in the agrochemical sector and improve access for Indian farmers. The deal is expected to close by the end of 2026.
- 01FMC Corporation sells FMC India to Crystal Crop Protection for $252 million.
- 02The deal includes commercial crop protection activities and access to FMC's product pipeline.
- 03Completion of the transaction is expected by the end of 2026, pending regulatory approval.
- 04FMC aims to reduce debt with proceeds from the sale.
- 05Crystal Crop Protection plans to enhance innovation in crop protection products for Indian farmers.
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FMC Corporation, a global leader in agricultural sciences, has finalized a deal to sell its Indian subsidiary, FMC India Pvt Ltd, to Crystal Crop Protection for $252 million. This significant transaction encompasses FMC India's commercial crop protection operations, licenses for FMC brands in India, and preferred supply arrangements for select active ingredients. The deal aligns with FMC's strategic shift to enter the Indian market through a new approach while focusing on higher-growth opportunities globally. The acquisition is anticipated to be completed by the end of 2026, subject to regulatory approvals. FMC plans to use the proceeds primarily to reduce its debt. Crystal Crop Protection's Chairman, Ankur Aggarwal, emphasized that this acquisition will foster innovation in both chemical and biological crop protection products, thereby enhancing access for Indian farmers to FMC's extensive portfolio and future product pipeline.
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This acquisition could lead to improved access to advanced crop protection technologies for Indian farmers, potentially increasing productivity and sustainability in agriculture.
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