"The company has completed the acquisition of speciality chemical manufacturing facility of Cytec India, part of 11.4 billion global specialty chemical major Solvay S.A," Cyrstal Crop said in a statement.
Commenting on the deal, company's MD Ankur Aggarwal said: "We believe in taking technology, innovation and manufacturing to the next level. This asset acquisition will enhance the manufacturing capabilities of the company and add a new dimension to its business.
It is part of our strategy to promote 'Make in India' and bring modern and affordable agrochemicals to farmers."
Crystal Crop Protection has diversified into seeds, exports and agri-equipment businesses.
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