Plenty Unlimited Inc., a vertical farming business that’s drawn backing from Jeff Bezos, SoftBank Group Corp. and Walmart, has filed for bankruptcy with a lender-backed plan to either raise capital or sell the business...
Murugappa group’s Coromandel International buys controlling stake in Nagarjuna Agrichem
Murugappa Group’s Coromandel International said it has bought a controlling stake in Nagarjuna Agrichem, a producer of active ingredients for crop protection chemicals. ET was the first to report about the deal...
Coromandel International shares in focus on acquiring 53% stake in NACL for Rs 820 crore
Shares of Coromandel International will be in focus on Thursday after the company acquired a majority 53% stake in agrochemical firm NACL Industries Ltd for Rs 820 crore and announced plans to launch an open offer to...
Namdhari Seeds acquires 100% stake in US-based Axia’s open-field vegetable seed business
Namdhari Seeds, a vegetable and flower seeds breeding company, has acquired a 100 per cent stake in US-based Axia’s open-field vegetable seed business. The species include tomatoes, hot and sweet peppers, melons...
Oswal Greentech acquires additional 5% stake in OAML
Oswal Greentech announced that it has acquired a 4.97% stake in Oswal Agro Mills (OAML) by purchasing shares at a price of Rs 69 each, for a total consideration of Rs 46.17 crore. OAML is primarily engaged in the...
Dhanuka Agritech to acquire Bayer’s crop protection products
Dhanuka Agritech has signed an agreement with Bayer AG, Germany for the acquisition of the crop protection active ingredients named Iprovalicarb and Triadimenol along with the trademark Melody for Iprovalicarb. This...
Bunge-Viterra agriculture merger runs into Canada competition concerns
Canada’s Competition Bureau on Tuesday said it found major competition concerns around U.S. grains merchant Bunge’s proposed acquisition of Glencore-backed Viterra, throwing an obstacle before a global...
ADM to buy UK-based firm to boost nutrition business
U.S. agribusiness Archer-Daniels-Midland said it would buy UK-based flavor and ingredient firm FDL, as the company looks to expand its nutrition business. ADM, one of the world’s largest grain traders and a major...
AGCO Corp to acquire $2 billion stake in Trimble unit to boost agri portfolio
AGCO Corp said it would acquire an 85% stake in navigation products maker Trimble’s agribusiness for $2.0 billion in cash as the tractor and seeding equipment firm seeks to boost its precision-agriculture...
Jain Irrigation completes merger of international business with Rivuli
Jain Irrigation Systems Limited (JISL) said on Thursday announced that it has completed the merger of its international irrigation business with Rivulis Pte Ltd., a part of Temasek Group, to create a global irrigation...
Brazil’s Itau Unibanco buys stake in agribusiness marketplace Orbia
Brazilian lender Itau Unibanco said on Monday it has reached a deal to acquire a 12.82% stake in the agribusiness marketplace Orbia, formally known as Rede Agro Fidelidade e Intermediacao. In its securities filing, the...
FarMart raises $32 million in series B funding led by General Catalyst
Agritech startup, FarMart on Wednesday secured funding worth $ 32 million ( more than ₹240 crores) in a round led by American venture capital firm, General Catalyst. In the series B round funding, existing investors...
