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UPL completes acquisition of Yoloo (Laoting)

28 Apr 2020 Evaluate

UPL has completed the acquisition of Yoloo (Laoting) Bio-technology Co., post all customary and regulatory approvals, the transaction is closed. Earlier, the company had entered into definitive agreements, through its step-down overseas subsidiary, to acquire 100% shares of Yoloo (Laoting) Bio-technology Co (Laoting Yoloo), an agrochemical company based in Heibei Province, China, from Beijing Yoloo Bio-Technology Corp (Beijing Yoloo).

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.

Peers
Company Name CMP
UPL 533.50
PI Industries 2188.80
Bayer CropScience 3640.30
Sharda Cropchem 725.05
Sumitomo Chem. India 404.75
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