Camson did not provide financial details of the acquisition.
With this, Camson has captured the complete cycle of agri produce and become the first company to have complete agri-solution in India, a company statement said here.
This (the buyout) would make Camson's presence in agri upstream areas like farm inputs and land & farming, midstream like agri-business & food processing and downstream such a food companies & supermarket/consumer market, it said.
Camson now has the opportunity to supply guaranteed complete organic and safer food in a controlled manner. The whole process and produce will undergo thorough quality check & certification before delivery, the statement said.
The industry's size is expected to touch USD 194 billion by 2015.