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Omnivore exits pest control co Barrix via sale to Sumitomo Chemical India
Food and agriculture-focused fund Omnivore Partners has agreed to sell its holdings in Bengaluru-based Barrix Agro Sciences to Sumitomo Chemical India Ltd (SCIL), a subsidiary of a Japanese fertilizer and pesticide maker. EY is the exclusive financial advisor to Barrix and its shareholders on the deal.
From the Venture Intelligence PE-VC Deal Database: Between Jun 2013 and Mar 2015, Barrix Agro Sciences - which makes Fly Traps for protecting Fruits and Vegetables - had raised $3-M from Omnivore. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.