Coromandel International has sought fair trade regulator the Competition Commission of India’s (CCI) approval to acquire a majority stake in NACL Industries. Earlier, the company had signed definitive agreements to acquire majority stake in NACL Industries.
The proposed acquisition will position Coromandel International as one of the leading players in the Indian Crop Protection industry with a wide range of technicals and pan India presence in domestic formulation business. This will also help in expanding Coromandel’s scale, accelerating its entry into contract manufacturing business, fast-tracking new product commercialization and expanding its product portfolio.
Coromandel International is amongst India's pioneers and leading Agri solutions provider, offering diverse products and services across the farming value chain.
| Company Name | CMP |
|---|---|
| Coromandel Interntl. | 2014.60 |
| National Fertilizers | 77.82 |
| RCF | 136.75 |
| Chambal Fert & Chem | 484.25 |
| Paradeep Phosphates | 136.05 |
| View more.. | |
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