Hextar Industries to acquire Hextar Fertilizers group for RM480m

Hextar Industries to acquire Hextar Fertilizers group for RM480m

the Sun Daily - Business·2022-08-09 05:02

PETALING JAYA: Hextar Industries Bhd (HIB) has entered into a conditional share sale agreement (SSA) to acquire the entire equity interest in Hextar Fertilizers Ltd (HFL) from Hextar Holdings Sdn Bhd (HHSB) for RM480 million to increase its production capacity and to leverage HFL’s local distribution network to expand its fertiliser business.

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