ALAGU PERUMAL RAMASAMY

Acquisition of Syngenta by ChemChina: Implications and Lessons for India
01 Aug 2017

Syngenta, a Swiss seeds and pesticides manufacturing group, one of the largest in Europe and a world leader, is all set to be acquired by ChemChina, a Chinese state-owned enterprise for a record US$43 billion. One of the largest and boldest attempts to date by a Chinese firm to invest in a business abroad, it is believed to be part of China’s comprehensive strategy to ensure food security for its population in the age of climate change, shrinking and polluted open and ground water resources, degrading land quality and increasing demand for high protein foods.