People & Business :: M&A
Solvay completes acquisition of surfactants manufacturer in India
7:42 AM MST | January 2, 2013 | Deepti Ramesh
Solvay says it has completed the previously announced acquisition of a controlling interest in Sunshield Chemicals (Mumbai), which specializes in surfactants, from Amit Choksey Group. Financial details of the deal were not disclosed. The acquisition will enable Solvay’s Novecare business to accelerate growth plans in India for the home and personal care, agricultural chemicals, coatings, and industrial applications markets, Solvay says. Sunshield Chemicals, which is listed on the Bombay Stock Exchange (Mumbai), produces and exports surfactants...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee