2 weeks ago
Parijat Industries, HELM Forge Strategic Crop Protection Collaboration
Parijat Industries and HELM AG are joining forces in farming products.
HELM has products, technology and distribution networks around the world.
Parijat has manufacturing facilities and sells agrochemical products in many countries.
Parijat will acquire a digital platform that helps retailers buy products more efficiently.
It will also work with Plantix to connect farmers with advice and product information.
In India, Parijat plans to sell some products using HELM’s branding.
Parijat also plans to make certain HELM products and ingredients.
The companies hope the partnership will help them reach more farmers and markets.
Parijat Industries and HELM AG announced a collaboration covering digital commerce, branded crop protection products, manufacturing and distribution.
Parijat will acquire a retailer-focused digital commerce platform and database, while working with HELM’s portfolio company PEAT and its Plantix platform.
Parijat and Leeds Lifesciences will have exclusive rights to use HELM branding in India and plan to introduce HELM’s Plant Advantage Line.
Parijat aims to manufacture HELM-developed active ingredients and formulations and become a toll manufacturing partner for HELM.
HELM’s distribution network is expected to help expand Parijat products into Latin America, Canada and Southeast Asia.
- Who
- Parijat Industries, its subsidiary Leeds Lifesciences, HELM AG and HELM portfolio company PEAT GmbH.
- What
- A strategic collaboration covering digital commerce, branded crop protection products, technical manufacturing and international distribution.
- Where
- The collaboration covers India and international markets, including proposed expansion into Latin America, Canada and Southeast Asia.
- When
- The article does not specify the announcement date.
- Why
- To combine HELM’s global portfolio, technology and distribution network with Parijat’s manufacturing, formulation and distribution capabilities.
Key facts
- Companies
- HELM AG is a German multinational with a global footprint; Parijat Industries is headquartered in India.
- Parijat scale
- Parijat is described as a Rs 1,200 crore company exporting to 65 countries.
- HELM scale
- HELM is described as a 6 billion euro company operating in more than 30 countries.
- Digital commerce
- Parijat will acquire a retailer-focused digital commerce platform and associated retailer database.
- India branding
- Parijat and Leeds Lifesciences will have exclusive rights to use HELM branding in India.
- Manufacturing
- Parijat intends to develop technical manufacturing capabilities for HELM-developed proprietary molecules and serve as a toll manufacturing partner.
- Proposed markets
- Parijat products may be expanded into Latin America, Canada and Southeast Asia through HELM’s distribution network.
Quotes
Stephan Schnabel
CEO, HELM AG
“"With this global strategic partnership, HELM and Parijat have the opportunity of leveraging each other’s sourcing and distribution strength across continents and aim to truly create a winning solution for farmers."”
financialexpress.com
“"For HELM, partnerships have never been only about commercial opportunity. They are about trust, shared values and the belief that together we can create more value than either side could achieve alone."”
financialexpress.com
Sources
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