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New Deal


Announced

Completed

Premji Invest completed the acquisition of a 95% stake in Best Value Chem.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For95%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Venture Capital

Private

Friendly

Single Bidder

Chemicals: Diversified

India

Majority

Completed

Private Equity

Acquisition

fragrance & flavor

chemical company

chemical products

Synopsis

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Premji Invest, the investment arm of Azim Premji's endowment and philanthropic initiatives, completed the acquisition of a 95% stake in Best Value Chem, a manufacturer of speciality chemicals. Financial terms were not disclosed. "With Premji Invest backing us, we look forward to expanding our capacity and meeting the increasing demand from our global customers. We intend to move up the value chain and consolidate our position in the Indian Aroma Chemical market." Sanju C.O., BVC CEO.

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