杀菌剂中国月报

Mergers and acquisitions (M&A) between domestic agrochemical companies have remained active recently, attracting much attention. As an example, Huapont-Nutrichem will acquire two chemical companies through issuing shares, namely Shandong Fuer Co., Ltd. and Shandong Kaisheng New Materials Co., Ltd. It is believed that these two chemical companies will greatly reduce Huapont-Nutrichem's related production costs, thereby increasing profits in the near future, if the deal can run smoothly. From a long-term perspective, the company's overall strength will be significantly enhanced with such high-quality asset integration by this acquisition.

In addition, Noposion intends to continue to acquire the 20% stake in Changlong Chemical held by Shenzhen Rongxin Southern Investment Co., Ltd. On Sept. 13, 2013, Noposion announced that it had successfully acquired the 15% shareholding held by Changzhou Industry & Trade State-owned Assets Management Company, valued at USD24.99 million (RMB152.95 million), and signed the equity transaction contract. If Noposion acquires the 20% stake held by Rongxin Southern, the company will have a 35% total stake in Changlong Chemicals.  The board of directors of Noposion expressed the view that the acquisition of Changlong Chemicals was a great opportunity for Noposion to achieve high-quality asset consolidation in the pesticide industry.