UPL has signed an agreement with Platform Specialty Products Corporation to acquire Arysta LifeScience Inc. and its subsidiaries for 4.2 B $. Arysta Life Science Inc. is a global provider of crop protection solutions, biological solutions, and seed treatments. The closing of the transaction is subject to the usual closing conditions, including regulatory approvals.
After the acquisition, UPL will be one of the largest crop protection companies in the world, will start to invoice 4.5B $, with a portfolio of innovative and differentiated products. The company will be able to offer a complete range of solutions for all crops; from sowing to harvest, with solutions for the protection of crops, biological, nutritional, seeds, seed treatment and post-harvest.