KKR completed the acquisition of a 13.33% stake in Advanta for $300m.

KKR, an American global investment company, completed the acquisition of a 13.33% stake in Advanta, a global seed business, for $300m. “Since the acquisition of Advanta in 2006, UPL has built Advanta into a leading global seed company with presence in more than 80 countries. Today, Advanta is a leading player in sustainable agriculture solutions, benefitting the livelihoods of farmers globally. As sustainable farming practices increases in priority around the world, Advanta is well poised for its next leg of robust growth. We are working closely with KKR to build on Advanta’s strong platform to deliver continued success in this next phase of evolution,” Jai Shroff, UPL CEO.