UPL Limited Invests USD 22.7 Million in ORIGEO Brazil, a Joint Venture Entity

UPL Limited has invested USD 22.7 Million in ORIGEO COMERCIO DE PRODUTOS AGROPECUARIOS S.A, a joint venture entity in Brazil. The investment was made to support the working capital requirement and sustain Origeo’s business growth. ORIGEO offers integrated, end-to-end products, services, and consulting for farmers covering agricultural inputs, services, financing solutions and technical support. The acquisition is already completed and UPL Global continues to hold 50% of the equity share capital of Origeo. No other regulatory approvals were required for the investment.