Agrochemical firm Crystal Crop Protection on Monday said it has acquired Bengaluru-based I&B Seeds as it seeks to strengthen its position in India’s vegetable and flower-seed segment. “The deal has been...
Thermax to acquire Buildtech Products India
Thermax on Friday said it has inked a pact to acquire critical construction chemicals maker Buildtech Products India for about Rs 72 crore. This partnership solidifies Thermax’s presence in the construction...
UPL announces acquisition of balance 20% stake in PT Excel Meg Indo
UPL announced that UPL Global (UGL), a step-down subsidiary of UPL Corporation (subsidiary of the company) has completed the acquisition of balance 20% stake in PT Excel Meg Indo, Indonesia (PT Excel). PT Excel is...
CCI approves merger of Mangalore Chemicals & Fertilisers with Paradeep Phosphates
The Competition Commission of India on Tuesday said it has approved the proposed amalgamation of Mangalore Chemicals & Fertilizers with Paradeep Phosphates Ltd. Mangalore Chemicals & Fertilizers Ltd (MCFL) is a...
Godrej Industries to acquire unit of Shree Vallabh Chemicals in Gujarat
Godrej Industries Ltd on Monday said its chemicals business unit has agreed to acquire a unit of Shree Vallabh Chemicals at Kheda in Gujarat entailing an estimated investment of Rs 45 crore. The company’s...
Acre ARC sells Nagarjuna Fertilizers and Chemicals debt to AM Green for ₹1,685 cr
Bad loan aggregator Acre ARC has completed the sale of ₹3,857 crore debt of Nagarjuna Fertilizers and Chemicals to AM Green Ammonia for a cash consideration of ₹1,685 crore, making an absolute return of more more than...
IFFCO withdraws plea from NCLT in Triumph Offshore case
Fertiliser cooperative IFFCO has withdrawn its plea filed in NCLT that restrained Triumph Offshore from issuing any share or securities to lenders for paying loans. The move came after IFFCO (Indian Farmer Fertiliser...
Coromandel to acquire additional 7 pc stake in Dhaksha, invest Rs 150 crore
Coromandel International Ltd on Monday announced the acquisition of an additional 7 per cent stake in Chennai-based drone manufacturing firm Dhaksha Unmanned Systems with an investment of Rs 150 crore. The proceeds from...
Best Agrolife acquires 100 pc stake in Sudarshan Farm Chemicals for Rs 139 crore
Agrochemicals maker Best Agrolife Ltd (BAL) on Friday announced the acquisition of a 100 per cent stake in Sudarshan Farm Chemicals India Pvt Ltd (SFCL) for Rs 139 crores. The acquisition will enable BAL to leverage...
International Chemical Investors Group buys Vasant Chemicals
International Chemical Investors Group (ICIG) has acquired a majority stake in Vasant Chemicals, the company specializing in the production of Specialty Chemicals and Pharma Intermediates. The company is set to be...
IFFCO moves NCLT against Triumph Offshore, Swan Energy
IFFCO has moved the NCLT against Swan Energy Ltd (SEL) and their joint venture Triumph Offshore to restrain their JV firm from passing any resolution without its approval and issuing any share/security to the lenders...
US Fund KPS explored takeover offer for UK’s Elementis – sources
KPS Capital Partners recently explored a bid for UK specialty chemicals maker Elementis but has since paused its work, two people familiar with the matter told Reuters. The New York-based private equity firm in December...
