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...
PCBL gets CCI approval to acquire Aquapharm Chemicals
Anti-trust regulator CCI has approved speciality chemicals major PCBL Ltd’s proposed acquisition of a 100 per cent stake in Aquapharm Chemicals, according to a notice. The Competition Commission of India (CCI) has...
Artek buys Kemira’s oil & gas business
Mumbai-based Artek Group has acquired Finnish chemicals company Kemira’s oil and gas business for $280 million, according to a company statement. Artek has acquired the asset through its US-based subsidiary Sterling...
Best Agrolife acquires 99% stake in Kashmir Chemicals
Agri input manufacturing company Best Agrolife Ltd. (BAL) has made a strategic investment in Kashmir Chemicals and acquired a 99% stake in the company. This move is aimed at expanding its manufacturing capacity in...
PCBL to acquire Aquapharm Chemicals for Rs 3,800 crore
Philips Carbon Black (PCBL) approved the acquisition of Aquapharm Chemicals Private Limited for an aggregate of Rs 3,800 crore, the company said in an exchanges filing. “In furtherance of such approval, the...
UPL to hive off specialty chemicals biz to arm
Mumbai-based UPL Ltd, will hive off its specialty chemicals business on a slump sale basis to wholly-owned arm UPL Speciality Chemicals Ltd for ₹3,572 crore. UPL expects to close the transaction within 3 to 4 months of...
British chemical firm Ineos nears deal to buy Sika assets – Bloomberg News
British chemical firm Ineos is nearing a deal to buy assets being sold by Sika AG to appease antitrust regulators, Bloomberg News reported on Sunday, citing people familiar with the matter. In December, Sika and Germany...
Dorf Ketal acquires Canadian chemical company’s speciality portfolio
Mumbai-based speciality chemicals company Dorf Ketal Chemicals, through its wholly-owned subsidiary Dorf Ketal FZE, has acquired Canada’s Fluid Energy Group’s global modified and synthetic acid business...
