{"id":12730,"date":"2024-06-14T15:27:26","date_gmt":"2024-06-14T15:27:26","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=12730"},"modified":"2024-06-14T15:27:26","modified_gmt":"2024-06-14T15:27:26","slug":"us-firm-acquires-coco-coir-products-manufacturing-unit-in-tamil-nadu","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/us-firm-acquires-coco-coir-products-manufacturing-unit-in-tamil-nadu\/","title":{"rendered":"US firm acquires coco coir products manufacturing unit in Tamil Nadu"},"content":{"rendered":"<p>Leading manufacturer of specialty agriscience materials, US based Profile Products LLC, has acquired Nivetha Exporters, an international producer of high qualitycococoir products in<u> Nadu<\/u>. Nivetha Exporters with two factories at Pollachi in Coimbatore district recorded a turnover of 100 crore during the last financial year (2021-22).<\/p>\n<p>However, the size of the deal was not disclosed.RiverBridge <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div> <a href=\"https:\/\/exam.pscnotes.com\/investment\">Investment<\/a> Advisors Pvt Ltdacted as the exclusive financial advisor for Nivetha.<\/p>\n<p>Coco peat produced from coconut husk is used for soilless cultivation. The acquisition of Nivetha, which is renamed as CoirSci, augments Profile Products raw material selection that now includes <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> peat, coir and HydraFiber, engineered fiber solution and controlled release fertilizer products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leading manufacturer of specialty agriscience materials, US based Profile Products LLC, has acquired Nivetha Exporters, an international producer of high qualitycococoir products in Nadu. Nivetha Exporters with two factories at Pollachi in Coimbatore district recorded a turnover of 100 crore during the last financial year (2021-22). However, the size of the deal was not disclosed.RiverBridge &#8230; <a title=\"US firm acquires coco coir products manufacturing unit in Tamil Nadu\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/us-firm-acquires-coco-coir-products-manufacturing-unit-in-tamil-nadu\/\">Read more <span class=\"screen-reader-text\">US firm acquires coco coir products manufacturing unit in Tamil Nadu<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1100],"tags":[981],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US firm acquires coco coir products manufacturing unit in Tamil Nadu - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/us-firm-acquires-coco-coir-products-manufacturing-unit-in-tamil-nadu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US firm acquires coco coir products manufacturing unit in Tamil Nadu\" \/>\n<meta property=\"og:description\" content=\"Leading manufacturer of specialty agriscience materials, US based Profile Products LLC, has acquired Nivetha Exporters, an international producer of high qualitycococoir products in Nadu. Nivetha Exporters with two factories at Pollachi in Join Our Telegram Channel Coimbatore district recorded a turnover of 100 crore during the last financial year (2021-22). However, the size of the ... 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Nivetha Exporters with two factories at Pollachi in Join Our Telegram Channel Coimbatore district recorded a turnover of 100 crore during the last financial year (2021-22). However, the size of the ... 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