PE investors commit $500m to India agribusiness giant UPL
India-headquartered UPL, which claims to be the world’s fifth-largest agrochemicals company, has announced a restructuring that will see KKR, TPG, Brookfield Asset Management, and Abu Dhabi Investment Authority (ADIA) invest INR 40.4bn (USD 500m) across different parts of the business.
UPL operates across the agricultural value chain, from seeds to crop protection and biologic products to post-harvest crop storage solutions to soil and water technologies. It has more than 13,000 in over...
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