Announced
Completed
Financials
Tags
Minority
Private Equity
Friendly
agrochemicals
Private
Single Bidder
India
Fertilizers
Acquisition
Domestic
Completed
Synopsis
ChrysCapital Management, an investment firm, completed the acquisition of a minority stake in Safex Chemicals, an agrochemical company, from BanyanTree Growth Capital, a private equity fund, for $50m. "We intend to leverage our strong management capabilities and ChrysCapital's extensive network to drive Safex's growth by bringing innovative products and solutions to the Indian agrochemical industry through M&A and in-licensing opportunities. Together, we are focussed towards creating value for all our stakeholders," S.K. Chaudhary, Safex Founder Director.
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