Crystal Crop Protection Limited signed a definitive agreement to acquire Fmc India Private Limited from FMC Corporation (NYSE:FMC) for $252 million on May 7, 2026. The consideration of $252 million is subject to customary adjustments for cash, debt and working capital. FMC will continue to receive all cash generated from the ongoing operation of the India business until closing, primarily through monetization of working capital. Through this transaction, Crystal Crop Protection Limited will acquire FMC India's commercial operations in the crop protection field, including a license to FMC's brands sold in India.

The transaction is subject to regulatory approval and other customary closing conditions. FMC intends to allocate all proceeds from the sale to debt reduction. The transaction is expected to close by year-end 2026.

BofA Securities, Inc. acted as financial advisor to FMC Corporation. Davis Polk & Wardwell LLP acted as legal advisor to FMC Corporation. Khaitan & Co. acted as legal advisor to FMC Corporation. Ernst & Young LLP acted as financial advisor to Crystal Crop Protection Limited. Shardul Amarchand Mangaldas & Co acted as legal advisor to Crystal Crop Protection Limited.