Tuesday, 2 February 2016

MITSUI CHEMICALS AGRO ACQUIRES ADDITIONAL SHARES OF SOTUS INTERNATIONAL IN THAILAND

TOKYO, Jan 29 (Bernama-BUSINESS WIRE) -- Mitsui Chemicals Agro, Inc. (Tokyo, President & CEO: Kazunori Tani, “MCAG”) announced today that MCAG acquired additional shares of Sotus International Co., Ltd. (“SOTUS”), an agrochemicals company in the Kingdom of Thailand, as of January 21st, 2016. Having reached a share sale and purchase agreement with Pacific Agriscience Pte., Ltd. (“PA”), a shareholder of SOTUS, MCAG acquired all the PA-owned shares of SOTUS to increase its shareholding ratio to 16.2% of SOTUS’s total shares.


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