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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

United Phosphorus Acquires Dutch Crop Protection Producer Agrichem

12:05 PM MDT | July 19, 2012 | Natasha Alperowicz

United Phosphorus (Mumbai) says it has acquired Agrichem (Oosterhout, Netherlands) from SD Agchem Europe, a unit of Punjab Chemicals & Crop Protection (Mumbai), for an undisclosed sum. United Phosphorus notified the Bombay Stock Exchange that it has acquired 100% of Agrichem along with all tangible and intangible assets, IPR, product registrations, brands, distribution networks, and manufacturing facilities.   “Agrichem will give us new and enhanced market access in European countries,” says Jail Shroff, CEO of United Phosphorus. The company...

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