Mahindra to acquire Netherlands’s OFD Holding for 5 mn euro

Mahindra to acquire Netherlands’s OFD Holding for 5 mn euro  Mahindra Agri Solutions Ltd (MASL), a wholly-owned subsidiary of the company acquired Netherlands-based OFD Holding BV for 5 million euros .According to the agreement, MASL holds 60 per cent of the equity share capital of OFD Holding BV. It is a step towards realising this vision by expanding the distribution base to both

Europe and China.

Key People :

♦ MASL MD & CEO: Ashok Sharma

♦ OFD Holding BV Managing Director : Corne van de Klundert