M&A Deal Summary

UPL Acquires ICONA S.A.

On January 1, 2007, UPL acquired chemicals company ICONA S.A.

Acquisition Highlights
  • This is UPL’s 2nd transaction in the Chemicals sector.
  • This is UPL’s 2nd transaction in Argentina.

M&A Deal Summary

Date 2007-01-01
Target ICONA S.A.
Sector Chemicals
Buyer(s) UPL
Deal Type Add-on Acquisition
Advisor(s) Harbor Hills Partners (Financial)

Target

ICONA S.A.

Buenos Aires, Argentina
Icona S.A., an Argentine agrochemicals company.

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Buyer(S) 1

Buyer

UPL

Mumbai, India

Category Company
Founded 1969
Sector Chemicals
Employees12,000
Revenue 462.6B INR (2025)
DESCRIPTION

UPL is a global generic crop protection, chemicals and seeds company. UPL was founded in 1969 and is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 3 of 5
Sector: Chemicals M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Argentina M&A 2 of 2
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-02-14 Advanta Netherlands Holdings BV

Rokin 55, Netherlands

Advanta Netherlands Holdings BV is a supplier of seeds and seed technologies to major global and regional markets, providing added value to farmers, downstream industries and consumers by combining superior genetics with essential technologies and techniques.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-20 Arysta LifeScience

Chuo-Ku, Japan

Arysta LifeScience is an agrochemicals and pharmaceuticals company that produces a range of insecticides, fungicides and herbicides as well as a number of products for the healthcare and veterinary medicine markets. Arysta LifeScience was founded in 2001 and is based in Chuo-Ku, Japan.

Buy $4.2B