PI Industries along with its wholly owned subsidiary, PI Life Science Research has executed a Share Purchase Agreement on November 04, 2019, to acquire 100% shareholding of Isagro (Asia) Agrochemicals, from Isagro SpA (and its affiliate), a company incorporated in Italy, the promoter and existing shareholder of Isagro Asia.
The proposed acquisition would provide the company access to additional manufacturing capacities to meet growing demand of global customers and synergy benefits of adjacent manufacturing site while de-risking the supply chain of few products.
PI Industries is engaged in the business of- Agri inputs, Fine Chemicals and (CRAMS) Contract Research and Manufacturing Services), Polymers and Engineering Services.
