First came the initial bid, then the rejection. Now, the next step in Bayer AG’s quest to buy Monsanto Co. and create the world’s largest agricultural company is likely to hinge on whether the U.S. seed giant will agree...
Monsanto to form sorghum joint venture with private company
U.S. seed and agrochemicals company Monsanto Co said on Thursday it is selling its U.S. sorghum production assets to Remington Holding Co LLC and will roll its sorghum breeding business into a joint venture with the...
Olam acquires Alabama’s biggest peanut sheller Brooks for $85 million
Olam International (OLAM.SI) said on Thursday it has acquired Alabama’s biggest peanut sheller, Brooks Peanut Co (Brooks), for an enterprise value of $85 million. Olam’s purchase of Brooks, which follows its...
DuPont acquires cotton seed biz of two companies
In a significant move, DuPont has entered the cotton business in India, by announcing the acquisition of the seed business of two companies. The global science company has through Pioneer Hi-Bred purchased the cotton...
M&M acquires 35% stake in Finnish co Sampo Rosenlew, enters combine harvester biz.
Mahindra and Mahindra’s farm equipment division has picked up 35 per cent stake in Finland’s Sampo Rosenlew, a combined harvester specialist, for 18 million. This is Mahindra’s second global...
Jain Irrigation arm raises Rs 402 crore from Mandala Capital.
Jain Irrigation Systems Ltd’s (JISL) food processing arm has raised Rs 402 crore from Mandala Capital for growth of the company. The company’s subsidiary Jain Farm Fresh Foods Ltd (JFFFL) today announced...
ITC acquires Technico Agri Sciences for Rs 121 crore
FMCG to cigarettes major ITC Ltd on Thursday said it has completed the full acquisition of Technico Agri Sciences Ltd (TASL), a company owned by its direct subsidiary, Technico Pty Limited (TPL), Australia for a cash...
Pincon Spirit acquires Singapore-based Orbitol Solutions.
Pincon Spirit Ltd today said it has acquired Singapore-based Orbitol Solutions, engaged in merchant trading and agriculture business. The company’s business is dispersed through Southeast Asia. Pincon Spirit did...
National Fertilisers Ltd to pick 11% stake in JV to revive FCIL’s Sindri urea plant.
As the government seeks to revive Sindri fertiliser plant in Jharkhand, state-run NFL has decided to acquire 11 per cent equity stake in the proposed joint venture for revival of this closed urea facility. In a filing...
Tata Trusts, Mars join hands for agri development in India
MUMBAI: Tata Trusts and Mars, Incorporated announced on Wednesday their joint entry into a Memorandum of Understanding to work together to advance agriculture development, address malnutrition, and improve food safety...
