Private equity firm KKR to invest $300 million for a 13.33% stake in Advanta Enterprises

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Private equity firm KKR to invest $300 million for a 13.33% stake in Advanta Enterprises

Private equity firm KKR to invest $300 million for a 13.33% stake in Advanta Enterprises, a subsidiary of UPL, a global agriculture solutions provider.

Following the transaction, seed company Advanta will operate as a standalone platform, with the goal of becoming a global sustainability leader in seeds. The investment comes at a time when food production is facing structural challenges as a result of geopolitical upheaval, rising population, shrinking arable land, declining productivity, and climate change. Advanta focuses on sustainable agriculture by providing farmers with quality hybrid seeds that are locally adapted. It operates in 84 countries throughout Asia, Australia, Europe, the United States, Latin America, and Africa.

Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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Private equity firm KKR to invest $300 million for a 13.33% stake in Advanta Enterprises, a subsidiary of UPL, a global agriculture solutions provider.

Following the transaction, seed company Advanta will operate as a standalone platform, with the goal of becoming a global sustainability leader in seeds. The investment comes at a time when food production is facing structural challenges as a result of geopolitical upheaval, rising population, shrinking arable land, declining productivity, and climate change. Advanta focuses on sustainable agriculture by providing farmers with quality hybrid seeds that are locally adapted. It operates in 84 countries throughout Asia, Australia, Europe, the United States, Latin America, and Africa.

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Sreejit Kumar
Sreejit Kumar
Hi, I'm Sreejit Kumar, a journalist with a Master's degree in Journalism. Through my education and professional experience, I have developed a keen eye for detail and a passion for uncovering the truth. As an author for this news website, I am committed to delivering accurate, timely, and engaging stories that inform and entertain our readers.

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