KKR invests $300 million in UPL subsidiary Advanta for a 13.33% stake


  • The Access to Seeds Index 2021 ranks Advanta as 4th in Africa and 2nd in South and South East Asia.
  • Advanta focuses on sustainability Agriculturethe provision with farmers with locally adapted quality hybrid seeds.
  • Upon completion of the transaction, Advanta will operate as a standalone platform.

Private equity firm KKR will invest $300 million for a 13.33% stake in Advanta Enterprises, a subsidiary of UPL – a global provider of agricultural solutions, the companies said Friday.

Upon completion of the transaction, seed company Advanta will operate as a standalone platform; and strives to become a global leader in seed sustainability.

“We are delighted to invest in Advanta, a global leader in sustainable agriculture, at a time when food security has become more important amid geopolitical tensions and climate change. Advanta has built a diversified platform with differentiated products and an excellent track record.” Gaurav Trehansaid Partner and CEO of KKR India.

The investment comes at a time when food production faces structural challenges due to geopolitical disruption, population growth, dwindling farmland, declining productivity and climate change.

Advanta focuses on sustainable agriculture and provides farmers with locally adapted, high quality hybrid seeds. It is present in 84 countries in Asia, Australia, EuropeUnited States and Latin America, and Africa.

“Today, Advanta is a leading player in sustainable agricultural solutions that improve the livelihoods of farmers worldwide. as sustainable Agriculture As practices become increasingly important worldwide, Advanta is well poised for the next phase of robust growth,” said Jai Shroff, Group CEO of UPL.

Access to seeds index
2021measuring seed companies’ efforts to increase smallholder productivity, ranks Advanta 4th in Africa and 2nd in South and Southeast Asia.

KKR will make its investment from its global Impact strategy, which invests in companies that deliver solutions to address critical global challenges and contribute to the UN’s Sustainable Development Goals.

As of December 31, 2021, KKR committed more than $25 billion in equity worldwide to investments in climate and environmental sustainability, the statement said.

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