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, 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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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.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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