Equity Firm Invests In Sharda

Matt Hopkins Posted by Matt Hopkins|1 April 2008

UK-based Henderson Equity Partners announced an investment of US $21.5 million in Mumbai, India-based Sharda Worldwide Exports, according to a report on the Indian news portal Sify.

The funds raised are going to be used by the company to increase its presence in the US and Europe, said R. V. Bubna, Director of Sharda Worldwide Exports Pvt Ltd.

“Our team has consistently demonstrated its ability to garner a sizeable market share in key geographies and we believe that Sharda is now on a critical growth path which will position it as one of the leaders in this industry,” he said in the article.

Sharda markets off-patent herbicides, insecticides, and fungicides across 50 countries.

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