Plant Health Care, Inc.’s Post

JOINING FORCES FOR A BETTER WORLD The board of directors of PI Industries Ltd, and the board of directors of Plant Health Care, Inc. are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made for the entire issued and to be issued share capital of PHC. PI has held a leading position in the agricultural inputs industry for over 60 years and benefits from its presence across the complete value chain from product innovation to process development, and large-scale manufacturing to distribution. It has a strong legacy of market-leading brands that bring value-added offerings to millions of farmers and retailers in India and has a number of global partnerships in the agricultural inputs market. PHC is a leading peptide company in the agricultural industry, with innovative technology and enhanced manufacturing capabilities. The Acquisition of PHC will enable PI to offer a balanced portfolio of chemical and biological solutions. ″We are very pleased to join forces with Plant Health Care, whose technology solutions perfectly align with our purpose of reimagining a healthier planet and offering sustainable solutions for the future of agriculture. This investment underscores our confidence in their technology platform and by joining forces, we can amplify our collective impact and bring groundbreaking solutions to farmers worldwide.″ said Mayank Singhal, Vice Chairman & Managing Director of PI Industries Ltd. ″Acquisition of Plant Health Care is a strategic move to expand our portfolio in the agri-tech sector. We believe synergies between our organisations will unlock long-term value and accelerate growth. Together, we will drive significant advancements in sustainable agriculture.″ complemented Rajnish S., Joint Managing Director of PI Industries Ltd. "Plant Health Care has exceptional technology and is building a strong commercial capability around the world. The additional investment from PI will enable the company to accelerate the development of the company. The management team looks forward to working with PI to make this a reality." stated Jeff Tweedy from PHC side. Full details are available at https://lnkd.in/deCf7rJM Some media coverage https://lnkd.in/dVQV3NTf https://lnkd.in/dYPrUJuJ https://lnkd.in/dhZhfUKc https://lnkd.in/dTEYaEri #sustainableagriculture #biologicals #helpingfarmerstosustainablygrowmore