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Private Sector | Not Classified - india | PID: 203569
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Sudarshan Chemical Industries (SCIL) has entered into an agreement with Germany-based Heubach Group for its acquisition in a combination of an asset and share deal, to expand its presence.
This strategic acquisition will be geared towards creating a global pigment company, which will combine SCIL’s operations and expertise with Heubach's technological capabilities. Post-acquisition, the combined company will have a broad pigment portfolio of high-quality products and a strong presence in major regions including Europe and the US.
The enhancement to SCIL’s product portfolio will be through providing access to customers and a diversified asset footprint across 19 sites globally. The Heubach Group became the second largest pigment player in the world after its integration with Clariant in 2022, and has a global footprint especially in Europe, America, and the APAC region.
| Updated on: 28 - Oct - 2024
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