CIC acquires 70% stake in Unipower

23 October 2017 08:15 am

From left: Ananda Assiriyage (Head of Crop Protection  – CIC Holdings PLC), Shermal Fernando (Group Finance Director – CIC Holdings PLC), Samantha Ranatunga (Group CEO/MD – CIC Holdings PLC), Chamath Rajapakse (Director – Unipower (Pvt) Ltd), Jayantha Rajapakse (Chairman/MD - Unipower (Pvt) Ltd), Anuradha Rajapakse (Director - Unipower (Pvt) Ltd)
Swarnamali Rajapakse (Director - Unipower (Pvt) Ltd) and Indrani Wijayakulatilleke (Director - Unipower (Pvt) Ltd)

 

CIC Holdings PLC reiterating its strong commitment towards the agriculture industry in the country acquired 70 percent control of Unipower (Pvt) Ltd for Rs. 238 million recently. 
Founded in 1988, Unipower is known for specialty fertilizers, agrochemicals and other high-end inputs. It represents some of the world’s most trusted agricultural brands including Yara, Everris, Grow More, Farmcochem, Ginegar and Goizper.