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Makhteshim-Agan: The Largest Transaction in the Middle East in 2011

January 2012. Press Releases by Herzog Fox & Neeman (view listing).

HFN advised Makhteshim-Agan Industries Ltd. ("MAI"), the world’s leading manufacturer and distributor of branded off-patent crop and non-crop protection products, in a reverse triangular merger transaction, in which a subsidiary of China National Chemical Corporation, a major Chinese group controlled by the Chinese government, purchased 60% of the issued and outstanding share capital of MAI, for a total consideration of approximately USD 2.5 billion. This was the largest transaction of the year in the Africa/Middle East region, according to mergermarket.

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