Pajson Agro to acquire Dubai-based cashew processor Pacific Global for Rs.355-Cr

Publicly listed, Delhi-headquartered Pajson Agro India is to acquire a 100% equity stake in Dubai-based Pacific Global FZCO for INR 354.52-Cr through a share swap, involving a preferential issue of 1,20,58,397 equity shares of the company at INR 294 per share.Pacific Global FZCO operates an origin-based cashew processing platform in Cote d’Ivoire (aka Ivory Coast, a country located on the southern coast of West Africa.) with an installed capacity of 60,000 tonnes of raw cashew nuts per annum. It procures and processes raw cashew nuts into kernels for sale to international customers across the US, Europe, West Asia, and China. For January-August 2026, it reported a consolidated turnover of AED 40.32 million (INR 104.18 crore), with a consolidated net worth of AED 135.92 million (INR 351.20 crore) as on August 31, 2026.On completion of the acquisition, Pajson Agro’s processing capacity will scale to a combined 1,13,000 MT, comprising its existing 18,000 MT in India, the 35,000 MT greenfield facility being set up at Vizianagaram, Andhra Pradesh, and 60,000 MT in Cote d’Ivoire.