Crystal Crop Protection buys FMC India business

FMC Corporation, a global agricultural sciences company, has inked a definitive agreement to sell its India business, FMC India Pvt Ltd, to Crystal Crop Protection for $252 million, a significant transaction in India's agrochemicals and crop protection sectors. The agreement, announced on Wednesday, covers FMC India's commercial crop protection activities, a licence to FMC brands sold in India, preferred supply arrangements for select active ingredients and formulated products, and access to FMC's future pipeline in the Indian market.

The purchase follows FMC's July 2025 announcement that it will sell its crop protection commercial business in India as part of a larger strategic repositioning. The US-based agricultural sciences company stated that it wants to enter the Indian market through a new go-to-market strategy while reallocating resources to higher-growth worldwide possibilities. FMC has said that it wanted to participate in the Indian market through a different go-to-market approach while reallocating resources towards higher-growth global opportunities.

The transaction is scheduled for completion by the end of 2026, subject to regulatory approval and customary closing conditions.


FMC intends to utilise the profits primarily to pare down debt.

FMC Chairman, President, and CEO Pierre Brondeau said that Crystal Crop Protection was well-positioned to assist Indian farmers with FMC's portfolio of technologies, and that FMC remained committed to India through its worldwide R&D and manufacturing activities based in the country.

Crystal Crop Protection retained EY as its exclusive buy-side M&A adviser.

EY has consistently been the market leader by deal volume in India over the past few years, with particular dominance in mid-sized deals.

Ankur Aggarwal, Chairman and Managing Director of Crystal Crop Protection, stated that the acquisition would help to enhance innovation in both chemical and biological crop protection products, as well as give Indian farmers more access to FMC's portfolio and pipeline.