CCI approves acquisition of Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited

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..... CCI approves acquisition of Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited
News and Press Release
Dated:- 25-6-2021

The Competition Commission of India ( .....

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..... CCI) approves acquisition of the Zuarinagar plant of Zuari Agro Chemicals Limited by Paradeep Phosphates Limited. The proposed combination envisages acquisition of Zuarinagar, Goa plant of Zuari Agro .....

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..... Chemicals Limited (ZACL) by Paradeep Phosphates Limited (PPL). As a result of the acquisition, PPL shall acquire business of developing and manufacturing urea and non-urea fertiliser products present .....

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..... ly being carried out by ZACL at the Zuarinagar, Goa Plant PPL, part of the Adventz Group, is engaged mainly in the manufacture and sale of non-Urea fertilizers, namely, di-ammonium phosphate (DAP) an .....

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..... d NPK fertilizers. It also imports and sells Muriate of Potash (MoP). ZACL, a public listed company, is also a part of the Adventz Group. It is primarily engaged in the development and manufacturing .....

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..... of fertilizers in India. It has manufacturing facilities at Zuarinagar, Goa where it produces Urea and non-Urea fertilizers. Detailed order of the CCI will follow.
News - Press release - PIB .....

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