Mahindra & Mahindra to acquire 60% stake in Netherland based OFD Holding BV

Through its subsidiary - Mahindra Agri Solutions

Mahindra & Mahindra announced that Mahindra Agri Solutions, a wholly owned subsidiary of the Company ("MASL") has on 05 December 2016 agreed to acquire upto 60% of the equity share capital of OFD Holding BV ("OFD), a fruit distribution company based in Netherlands. In view of this, OFD would become a subsidiary of MASL and in turn, of the Company.

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