Ex­cel Crop Care merges with Su­mit­omo Chem­i­cal In­dia

Chemical Industry Digest - - News & Views -

Ex­cel

Crop Care (ECC) and Su­mit­omo Chem­i­cal In­dia (Su­mit­omo Chem­i­cal In­dia) re­solved on a merger sub­ject to re­ceipt of all reg­u­la­tory and other ap­provals as per ap­pli­ca­ble laws.

Upon com­ple­tion of the in­tended merger, the new Su­mit­omo Chem­i­cal In­dia will fully lever­age the rich prod­uct port­fo­lio and es­tab­lished sales net­work of ECC and Su­mit­omo Chem­i­cal in a mu­tu­ally com­ple­men­tary man­ner. It will also lead to more fo­cused and ef­fi­cient use of their man­age­ment re­sources so that the com­pany will be­come a lead­ing player in In­dia’s crop pro­tec­tion mar­ket which holds the prom­ise of con­tin­ued high growth. Out­side In­dia, the new Su­mit­omo Chem­i­cal In­dia will make the most of the two com­pa­nies’ over­seas sales net­works to achieve a fur­ther ex­pan­sion in sales.

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