Press Release

Law firm Shoosmiths is advising PI Industries Limited (PI), a Fortune India 500 listed Agri-Sciences Company,  on its offer to acquire Plant Health Care PLC (PHC) - through takeover by way of scheme arrangement.

PI has held a leading position in the agricultural inputs industry for over 60 years and benefits from its presence across the complete value chain from product innovation to process development, and large-scale manufacturing to distribution. PHC is a leading peptide company in the agricultural industry, with innovative technology and enhanced manufacturing capabilities. The proposed acquisition of PHC will enable PI to offer a balanced portfolio of chemical and biological solutions.

A team of experts from Shoosmiths’ corporate division are advising on the deal, led by partners Andrew Millar and Elia Montorio, principal associate Poppy Ball, senior associate Ian Lawton and associates Kendra McCullough and Sarah Palmer. Further support was provided from incentives partner Dan Sharman and senior associate Emma Garthwaite, alongside advice on the court process from corporate restructuring and advisory senior associate Lucy Sanderson. 

Elia Montorio, client partner for PI Industries, commented: “It is fantastic to once again be at the forefront of facilitating major international M&A work. This proposed transaction, principally led by ECM partner Andrew Millar, relied upon expertise from teams across our firm - which will no doubt lead to continued growth for PI Industries.”

Corporate is one of Shoosmiths’ key strategic pillars and the team has been named the most active law firm advising on M&A deals in the UK (according to Experian Market IQ reports). Across its corporate division, Shoosmiths’ team has bolstered its market leading credentials and reputation for excellence in the mid-market, advising on upwards of 400 transactions a year.

The transaction is subject to customary regulatory approvals and is expected to close in the coming months.