French agri-company, Groupe Limagrain has acquired Delhi-based Century Seeds for an undisclosed amount..PXV Law Partners advised Groupe Limagrain with a team led by Partner G. T. Thomas Phillippe along with Partner Anuj Sahay and Senior Associate Shivani Chugh..DS Avocats led by Partner Olivier Monange advised Groupe Limagrain on French law issues..Narasappa, Doraswamy & Raja advised Century Seeds with a team led by Partner Harish Narasappa along with Senior Associate Ashwini Vittalachar.According to ET, Limagrain paid Rs. 140-145 crore in an all-cash deal, making it among the largest M&A transaction in this space. The buyout will considerably strengthen Limagrain’s vegetable seeds market presence in India, a segment which is growing fast..Incorporated in 1982, Century Seeds provides high quality vegetable seeds to horticultural growers. Century Seeds has a portfolio that includes number of outstanding hybrids in most vegetables..Groupe Limagrain, formed in 1942 is a breeder and producer of plant varieties. It markets seed for agricultural and horticultural growers and for home gardeners. The group has about 7,000 employees, including 1,400 researchers, reports Dealcurry..Recently, Groupe Limagrain has acquired a controlling 61.01% stake in BISCO Bio Sciences, a company engaged in the corn seed market.
French agri-company, Groupe Limagrain has acquired Delhi-based Century Seeds for an undisclosed amount..PXV Law Partners advised Groupe Limagrain with a team led by Partner G. T. Thomas Phillippe along with Partner Anuj Sahay and Senior Associate Shivani Chugh..DS Avocats led by Partner Olivier Monange advised Groupe Limagrain on French law issues..Narasappa, Doraswamy & Raja advised Century Seeds with a team led by Partner Harish Narasappa along with Senior Associate Ashwini Vittalachar.According to ET, Limagrain paid Rs. 140-145 crore in an all-cash deal, making it among the largest M&A transaction in this space. The buyout will considerably strengthen Limagrain’s vegetable seeds market presence in India, a segment which is growing fast..Incorporated in 1982, Century Seeds provides high quality vegetable seeds to horticultural growers. Century Seeds has a portfolio that includes number of outstanding hybrids in most vegetables..Groupe Limagrain, formed in 1942 is a breeder and producer of plant varieties. It markets seed for agricultural and horticultural growers and for home gardeners. The group has about 7,000 employees, including 1,400 researchers, reports Dealcurry..Recently, Groupe Limagrain has acquired a controlling 61.01% stake in BISCO Bio Sciences, a company engaged in the corn seed market.
