FMC Agrees to Sell Indian Business to Crystal Crop for $252 Million
FMC Corporation Sells India Commercial Business to Crystal Crop Protection Ltd
US-based FMC Corporation, a global agricultural sciences company, has signed an agreement to sell its India commercial business to IPO-bound Crystal Crop Protection Ltd, a crop solutions company in New Delhi. The sale, valued at approximately $252 million, marks a significant move for FMC Corporation as it continues to streamline its operations.
FMC Corporation's India commercial business has been a key player in the country's agricultural market, providing a range of products and services to farmers and growers. With this sale, Crystal Crop Protection Ltd gains access to a substantial customer base and a strong presence in the Indian market.
The sale is expected to have a positive impact on both companies, with FMC Corporation able to focus on its core business and Crystal Crop Protection Ltd expanding its portfolio of products and services.
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