With this acquisition, Crystal Crop Protection is expected to increase its footprints in the Indian seed market
Crystal Crop Protection, a leading R&D-focussed crop solutions company, completed the acquisition of the seeds business of Bayer in India, comprising cotton, mustard, pearl millet and grain sorghum hybrids. With this acquisition, the company is expected to be among the leading companies in these selected crops.
The acquisition comes with prestigious brands Proagro & Surpass, associated breeding programmes, a talented team of incredible know-how, technology, IP, research farms and a strong pipeline of products that will put Crystal in a fast growth trajectory in seed business by expanding its grower base.
Ankur Aggarwal, MD, Crystal Crop Protection says, “We have completed the transaction ahead of target date and now Crystal team will take over the business. Mustard, pearl millet and cotton hybrids are strong brands, preferred by farmers. The acquisition will strengthen our field crop seed business and make us a strong integrated Agri- Input player. We expect this business to contribute 10 per cent of annual turnover.”
