CCI approves acquisition of 100% shareholding of FMC India by Crystal Crop Protection Ltd

The Competition Commission of India (CCI) has officially approved the acquisition of 100% shareholding of FMC India Private Limited by Crystal Crop Protection Limited. The transaction involves Crystal Crop purchasing the stake from FMC Netherlands Holdings II B.V. and its affiliates. Both entities operate within the Indian agricultural sector, specifically in the development, manufacturing, and marketing of crop protection products such as herbicides, fungicides, insecticides, seed treatments, and plant health and nutrition products. Crystal Crop has been active in the Indian market since 1994, while FMC India, a subsidiary of the global FMC Corporation, was incorporated in 2000.