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Prime Industries Acquires Majority Stake in Linga Agri Trading, Marking Strategic Expansion in Agri-Tech


Updated: May 01, 2025 20:15

Image Source: YourStory

Prime Industries Limited has announced the acquisition of a 50.001% equity stake in Linga Agri Trading and Machinery Private Limited, securing a controlling interest in the innovative agri-tech firm. The Board of Directors approved the deal, which will see Prime Industries become the majority shareholder and take an active role in shaping Linga Agri Trading’s future strategy and operations.
 
Linga Agri Trading, established in 2018, specializes in delivering advanced mechatronics engineering solutions and innovative products to the agricultural sector. With a reputation for scientific problem-solving and customized technology, the company has rapidly gained traction in the agri-mechanization space, offering more than ten unique products tailored to Indian farmers’ needs.
 
The acquisition is expected to create significant synergies, combining Prime Industries’ market reach and financial strength with Linga Agri Trading’s technological expertise and product pipeline. This move aligns with Prime Industries’ broader strategy to diversify its portfolio and strengthen its presence in high-growth sectors like agri-tech and sustainable farming solutions.
 
Both companies anticipate that the partnership will accelerate innovation, enhance product offerings, and expand access to advanced agricultural technologies across India, benefitting farmers and supporting the nation’s push for modernized, efficient agriculture.
 
Source: Rediff Money, Economic Times, Linga Agri Trading Corporate Website

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