The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» 'සොල්දාදුවාගේ සිරුරේ අඟල් එකොළහක පණුවෙක්'
Today at 10:33 am by Ethical Trader

» මිනිස්සු දුවනවා, අපි නැවතිලා බලන් ඉන්නවා.
Fri Nov 17, 2017 5:46 pm by Ethical Trader

» Plantation sector updates
Fri Nov 17, 2017 11:54 am by lanka

» සිම්බාබ්වේ: ජනාධිපති රොබට් මුගාබේ "අත්අඩංගුවේ"
Fri Nov 17, 2017 9:54 am by Ethical Trader

» Dividend Announcement
Fri Nov 17, 2017 9:52 am by Ethical Trader

» ආයෝජනයට ශ්‍රීලංකාවට එන්න එපා.! ජාත්‍යන්තර සමාගම් නිවේදනයකට සැරසෙයි
Wed Nov 15, 2017 8:15 pm by Admin

» Soldiers 'take over Zimbabwe broadcaster'
Wed Nov 15, 2017 5:52 am by කිත්සිරි ද සිල්වා

» බටහිර ලෝකය භේද කරන බවට රුසියාවට චෝදනා
Tue Nov 14, 2017 5:26 pm by Ethical Trader

» යුද අපරාධ සහ අතුරුදහන් කිරීම්: ශ්‍රී ලංකාවේ මානව හිමිකම් වාර්තාව ජිනීවා විමසුමට
Tue Nov 14, 2017 10:56 am by Ethical Trader

» ඉරාන, ඉරාක භූමිකම්පාවෙන් 200 කට වැඩි පිරිසක් මරුට
Mon Nov 13, 2017 5:27 pm by Ethical Trader

» මැද පෙරදිග බල තරඟය දරුණු අතට හැරෙයි
Mon Nov 13, 2017 3:16 pm by guruji

» වචන නම් අපේ ඒත් තනුව ?????????
Sun Nov 12, 2017 2:28 am by Rana

» දිල්ලියේ පරිසරය රැකීමට වාහන සලාක ක්‍රමයක්
Fri Nov 10, 2017 7:05 pm by Ethical Trader

» අයවැය සහ මෝටර් රථ: නව පිළිවෙතක්
Thu Nov 09, 2017 5:42 pm by Ethical Trader

» Flying is the Safest mode of Transport
Thu Nov 09, 2017 3:12 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Thu Nov 09, 2017 10:13 am by කිත්සිරි ද සිල්වා

» වංචා දුෂණ නඩු කඩිනම් කරන්න විශේෂ මහාධිකරණයක්
Wed Nov 08, 2017 4:54 pm by කිත්සිරි ද සිල්වා

» LIOC.N0000 (Lanka IOC PLC)
Wed Nov 08, 2017 4:48 pm by Ethical Trader

» ගින්නෙන් දැවෙන අලි පැටවාගේ සේයාරුව පළමු තැනට
Wed Nov 08, 2017 4:35 pm by Ethical Trader

» 10 Things to Remember Before You Take Things Personally
Tue Nov 07, 2017 5:38 pm by Ethical Trader

» හැම තැනම නැහැ, හැම දාම නැහැ
Tue Nov 07, 2017 5:30 pm by Ethical Trader

» Beware !
Mon Nov 06, 2017 10:56 am by CK

» සාම සාධක මෙහෙයුම් නිරීක්ෂණය කරන පළමු ශ්‍රී ලාංකික හමුදා නිලධාරිනියෝ
Sun Nov 05, 2017 12:44 pm by කිත්සිරි ද සිල්වා

» How to Find Undervalued Stocks and Turn a Large Profit
Sat Nov 04, 2017 11:24 am by Ethical Trader

» ඒකාබද්ධ විපක්ෂ කණ්ඩායමෙන් ශ්‍රීලනිපට කොන්දේසි හතක්
Thu Nov 02, 2017 6:29 pm by nihal123

» Taste of Asia
Thu Nov 02, 2017 12:27 pm by Ethical Trader

» නිව් යෝර්ක් ප්‍රහාරය : අවම වශයෙන් 8 දෙනෙක් මරුට
Wed Nov 01, 2017 5:48 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
Wed Nov 01, 2017 5:43 pm by Ethical Trader

» Laughter the Best Medicine
Wed Nov 01, 2017 11:48 am by Ethical Trader

» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
Wed Nov 01, 2017 8:15 am by yellow knife

» TJL.N0000 (Textured Jersey Lanka PLC.)
Wed Nov 01, 2017 8:07 am by yellow knife

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Wed Nov 01, 2017 7:56 am by yellow knife

» BFL.N0000 (Bairaha Farms PLC)
Tue Oct 31, 2017 7:16 pm by CK

» LLUB & BFL
Tue Oct 31, 2017 11:41 am by yellow knife

» HUNA.N0000
Tue Oct 31, 2017 9:26 am by yellow knife

» Sri Lanka's got Talent
Mon Oct 30, 2017 11:31 pm by sashimaal

» Govt.electrocutes CEB
Mon Oct 30, 2017 9:53 pm by AjithR

» තනි පුද්ගල ණය ලක්ෂ 5 ට ආසන්නයි
Mon Oct 30, 2017 7:46 pm by nihal123

» ලෝක ඉතිහාසයේ විශාලතම කොටස් මිල කඩා වැටීම චීනයෙන් වාර්තා වෙයි
Mon Oct 30, 2017 7:45 pm by nihal123

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Mon Oct 30, 2017 4:53 pm by Rana

» ධම්මික පෙරමුණට එයි
Sun Oct 29, 2017 10:09 pm by කිත්සිරි ද සිල්වා

» කොටස් මිල ඉහළ යාමෙන් ඇමේසන් ලොක්කා ලොව අංක එකේ සල්ලිකාරයා වුණේ මෙහෙමයි
Sun Oct 29, 2017 7:22 pm by nihal123

» schizophrenia / භින්නෝන්මාදය
Sat Oct 28, 2017 7:52 pm by sashimaal

» බුදු දහම වැළඳ ගන්නා බවට මායාවතීගෙන් අභියෝගයක්.
Sat Oct 28, 2017 11:58 am by කිත්සිරි ද සිල්වා

» කොටස් වෙළෙඳපොළ – මිශ්‍ර ප්‍රතිඵල ගෙන දුන් සතියක් නිමාවෙයි
Fri Oct 27, 2017 8:21 pm by nihal123

» නව ‘සුහුරු’ (SMART) ජාතික හැඳුනුම්පත එළිදකී
Fri Oct 27, 2017 5:20 pm by කිත්සිරි ද සිල්වා

» Darrell Hair Who Called Murali For ‘Chucking’ Admits To Stealing Cash From Shop
Thu Oct 26, 2017 5:03 pm by Ethical Trader

» අයින්ස්ටයින්ගේ 'සතුටේ රහස' වෙන්දේසි වෙයි
Thu Oct 26, 2017 1:36 pm by lanka

» 'Bermuda papers' expected after data leak
Wed Oct 25, 2017 6:05 pm by Ethical Trader

» වරාය නගරය: "පර්චසයක් ලක්ෂ දෙසීයකට විකිණිය හැකියි"
Wed Oct 25, 2017 6:04 pm by Ethical Trader

November 2017
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
2627282930  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Sri Lanka’s glyphosate ban seen driving demand for specialty fertilisers

View previous topic View next topic Go down

Sri Lanka’s glyphosate ban seen driving demand for specialty fertilisers

Post by Backstage on Tue Oct 24, 2017 7:14 pm

Sri Lanka’s glyphosate ban seen driving demand for specialty fertilisers
Oct 24, 2017

ECONOMYNEXT – Sri Lanka’s ban on glyphosate could drive demand for high quality specialty fertilisers of the type sold by Unipower (Private) Limited (UPL), bought by agribusiness firm CIC Holdings PLC in a deal arranged by NDB Investment Bank Limited.

“Specialty fertilisers offered by UPL help farmers increase crop yields, improve product quality and reduce the environmental impact of agricultural practices,” said NDB Investment Bank Limited (NDBIB).

“Properties such as higher water solubility, better soil absorption, and slow release of nutrients lead to higher levels of productivity and improved returns on investment.”

CIC Holdings (CIC) acquired a 70% stake of UPL, a family-owned firm which focuses on specialty agricultural fertilisers, complementing CIC’s portfolio of products and services in the agri business sector.

The transaction brought globally known brands in specialty agri inputs such as Yara, Everris, Grow More and Ginegar under the CIC umbrella, NDBIB, which acted as financial advisor to the deal, said in a statement.

It also strengthened UPL to “spearhead a new phase of growth supported by the strong distribution strengths of CIC,” NDBIB, the fee based investment banking subsidiary of NDB Capital Holdings, said.

The recent ban on glyphosate and negative publicity on the environmental impact of agrochemicals are expected to drive demand for high quality specialty fertilisers and boost UPL’s vision of diversifying away from relying solely on traditional commoditised fertiliser, NDBIB said.

UPL was established in 1988 by Jayantha Rajapakse who has pioneered the introduction of specialty agricultural inputs to Sri Lanka and will also continue to function as UPL’s Executive Chairman, the statement said.

“This transaction demonstrates how family owned companies could partner with larger institutions and utilise their strengths to achieve a higher growth trajectory on mutually beneficial terms.” Said Darshan Perera, chief executive of NDBIB.

Rajapakse said his firm as the pioneers of introducing specialty fertilisers to Sri Lanka has acquired partnerships with specialty agri input suppliers in the past 30 years.

“Completion of this transaction with CIC marks a significant milestone for Unipower as we are better able to extend our reach for higher growth potential.”

Vice President and Head - Corporate Advisory at NDBIB, Nilendra Weerasinghe said the Unipower transaction was special for two reasons.

“Firstly, the shareholders weren’t looking for just an exit; they were looking for a growth platform. So, strategic fit was very important.

“Secondly, it was likely to be a trade sale; managing confidentiality was paramount. We are confident we delivered on both counts.”

NDBIB said it executed the transaction in a three-staged process carefully screening potential partners for strategic fit with the founder’s vision for UPL and its business operations.

Ensuring confidentiality throughout the process was very important especially given the need to manage concerns of a trade sale whilst also providing adequate information to enable satisfactory due diligence.

“The transaction indicates the level of heightened M&A activity in the country and the pivotal role played by NDBIB as the leading and preferred advisor for M&A transactions,” the statement said.

The Unipower transaction comes on the back of Dialog Axiata’s acquisition of Colombo Trust Finance marking the second successful M&A carried out by NDBIB within a space of just over a mont
avatar
Backstage
Top contributor
Top contributor

Posts : 3191
Join date : 2014-02-24

Back to top Go down

View previous topic View next topic Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum