UPL’s wholly owned subsidiary -- UPL Corporation (UPL Corp) Mauritius -- has signed a definitive agreement with Platform Specialty Products Corporation to acquire Arysta LifeScience Inc. and its subsidiaries (collectively 'Arysta'), a global provider of innovative crop protection solutions, including BioSolutions and Seed Treatment, for around $4.2 billion in cash consideration, subject to customary closing conditions and regulatory approvals.
The Board of Directors of the company has approved this acquisition in its meeting held on July 20, 2018.
UPL 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.
