Advanta Seeds Divests Serra Bonita Assets and Expands Ties in Brazil

10 Jun 2025 CW Team

This strategic transaction reflects UPL’s continued focus on optimizing its asset portfolio and unlocking value. The sale proceeds will be received by Serra Bonita and are expected to be fully disbursed to its shareholders in the next few months.. Until the completion of this process and the subsequent legal winding-up, Serra Bonita will continue to be considered an associate company of Advanta Brazil.

“More than a financial operation, this divestment represents a strategic reinforcement of Advanta/ UPL’s long-standing relationship with José Paulo Roquetto and his group of companies – a leading force in Brazilian agribusiness,” said Marcio Boralli, Serra Bonita’s Board Member and Advanta Brazil country Manager. UPL and Advanta have maintained strong commercial ties with the Roquetto Group, and this transaction will further strengthen and expand that relationship. UPL’s crop protection and seed technologies will continue to be actively used in the farming operations currently managed by Serra Bonita, with significant potential for broader implementation.

Advanta, a global business within the UPL Group, is dedicated to the research, development, production, and commercialization of high-performance seeds, with a specialized focus on climate-smart crops that address the challenges of global climate variability. The deepened collaboration with the Roquetto Group reinforces Advanta/ UPL’s commitment to sustainable innovation and the promotion of regenerative agricultural practices across Brazil.

UPL extends its sincere thanks to the management, employees, and shareholders of Serra Bonita for their partnership and contributions over the years,and looks forward to continuing this journey of shared growth with enhanced strategic alignment.

Advanta Comércio de Sementes, a global seed company, part of UPL Group, announces that Serra Bonita Sementes, a Brazilian associate company in which Advanta holds a 33 per cent stake, has entered into an agreement for the sale of all its assets for a total consideration of $125 million, subject to closing adjustments.This strategic transaction reflects UPL’s continued focus on optimizing its asset portfolio and unlocking value. The sale proceeds will be received by Serra Bonita and are expected to be fully disbursed to its shareholders in the next few months.. Until the completion of this process and the subsequent legal winding-up, Serra Bonita will continue to be considered an associate company of Advanta Brazil.“More than a financial operation, this divestment represents a strategic reinforcement of Advanta/ UPL’s long-standing relationship with José Paulo Roquetto and his group of companies – a leading force in Brazilian agribusiness,” said Marcio Boralli, Serra Bonita’s Board Member and Advanta Brazil country Manager. UPL and Advanta have maintained strong commercial ties with the Roquetto Group, and this transaction will further strengthen and expand that relationship. UPL’s crop protection and seed technologies will continue to be actively used in the farming operations currently managed by Serra Bonita, with significant potential for broader implementation.Advanta, a global business within the UPL Group, is dedicated to the research, development, production, and commercialization of high-performance seeds, with a specialized focus on climate-smart crops that address the challenges of global climate variability. The deepened collaboration with the Roquetto Group reinforces Advanta/ UPL’s commitment to sustainable innovation and the promotion of regenerative agricultural practices across Brazil.UPL extends its sincere thanks to the management, employees, and shareholders of Serra Bonita for their partnership and contributions over the years,and looks forward to continuing this journey of shared growth with enhanced strategic alignment.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..