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UPL inks pact with Benmore Technologies

31 Mar 2017 Evaluate

UPL has entered into an agreement with Benmore Technologies to sell its entire stake, including all assets and liabilities, in Gibraltar-based step-down subsidiary Agro Trading. However, the company has not disclosed any financial details of the deal.

UPL (formerly United Phosphorus) is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.

Peers
Company Name CMP
UPL 550.00
PI Industries 2388.40
Bayer CropScience 3715.95
Sharda Cropchem 750.00
Sumitomo Chem. India 446.15
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