Irish Company Acquires Arysta
March 12, 2008 Arysta LifeScience has been acquired by a Japanese company.
The acquisition of Arysta LifeScience Corp. is the first investment in Japan for Industrial Equity Investments Limited (IEIL) since it was established in 2005. IEIL, an international investment company located in the Republic of Ireland, is owned by The Permira Funds. The enterprise value is approximately $2.4 billion.
"Arysta LifeScience has been one of the fastest growing companies in our sector in the last four years," says Chris Richards, CEO, Arysta LifeScience. "With the support of Permira, we are confident of maintaining and accelerating our growth, both organically and through strategic acquisitions."
Headquartered in Tokyo, Arysta LifeScience is the world’s 10th largest agrochemical company. The company markets a portfolio of more than 150 active ingredients in more than 125 countries with approximately 2,400 employees. Since its founding in 2001, Arysta LifeScience has built a reputation as one of the most agile, high-performance companies in the global ag chemical industry.
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