Acquiring Company
Advanta Holdings B.V
Acquired Company
Hytech Egypt USA
AlbaniaAlbaniaAgriculture and FarmingFarmingAgriculture and FarmingFarmingDescription
UPL's subsidiary Advanta Holdings B.V. is acquiring an equity interest in Hytech Egypt USA LLC for $110 million. This strategic acquisition gives Advanta a significant position in the growing seed market in the Middle East and Africa. Upon completion, Advanta will hold 99.98% of Hytech Egypt. The deal is expected to close by January 31, 2027.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Hytech Egypt USA?
Hytech Egypt USA was acquired by Advanta Holdings B.V, based in Albania. The deal was reported on August 15, 2026. Advanta Holdings B.V. is a subsidiary focused on seed production and innovation. It operates under UPL's Seeds and Post Harvest segment. The company aims to enhance agricultural productivity in various markets. Advanta Holdings B.V is privately held and operates in Agriculture and Farming.
When did Advanta Holdings B.V acquire Hytech Egypt USA?
Advanta Holdings B.V's acquisition of Hytech Egypt USA was reported on August 15, 2026. UPL's subsidiary Advanta Holdings B.V. is acquiring an equity interest in Hytech Egypt USA LLC for $110 million. This strategic acquisition gives Advanta a significant position in the growing seed market in the Middle East and Africa. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hytech Egypt USA do?
Hytech Egypt USA LLC is a holding company that controls Misr Hytech Seed International S.A.E. It plays a vital role in the seed market, particularly in the Middle East and Africa. The company is instrumental in providing seeds for white and yellow corn. It is privately held, operating in Agriculture and Farming, and is based in Albania.