By Sachin Murdeshwar

New Delhi: Crystal Crop Protection Limited (“Crystal” or “the Company”), one of the research and development based crop protection manufacturing and marketing companies in India, has acquired Proclaim, Tilt & Blue Copper brands in India from Syngenta.

 

Syngenta India’s Managing Director, Rafael Del Rio stated that “The Competition Commission of India (CCI) directed the divestment of these brands to Crystal while approving the global acquisition of Syngenta by ChemChina. We are confident that Crystal will continue to steward the products for the benefit of the farming communities.”

 

Syngenta is an established name among Indian farmers for its high-quality crop protection products known for improving yield and quality output. This acquisition from Syngenta will enhance Crystal’s penetration in the Pulses, Cotton, Rice, Wheat, Vegetable and Grapes markets in India.

 

Commenting on the acquisition, Ankur Aggarwal, Managing Director of the Company, “This acquisition is in line with our vision and philosophy of ensuring growth for all stakeholders. Inclusion of high equity brands in our portfolio will strengthen us to provide best in class crop protection solution to farmers and thus increase their farm productivity.”

 

This is the Company’s fourth acquisition in the calendar year 2018, the first was acquisition of the manufacturing facility at MIDC, from Cytec India Specialty Chemicals & Materials Private Limited, the second was Indian gram sorghum, pearl millet and fodder sorghum seeds business from Syngenta India Limited, Devgen N.V., Belgium and Devgen Seeds and Crop Technology Private Limited, and third was four brands namely Furadan, Splendour, Affinity Force and Metcil from FMC India Limited.

 

Agro-Chemicals products company, Crystal has made number of acquisitions in the past few years. Crystal signed an agreement with Germany’s BASF SE in 2016 to acquire the brand Bavistin for use in India.  Crystal Crop Protection Limited also acquired Hyderabad based company Rohini-Seeds Private Limited and Rohini Bioseeds and Agritech Private Limited in 2011, which has brought its presence in the seeds market.

 

These acquisitions are part of Crystal’s strategy to add value to its business and ensure growth for all its stakeholder.