ChrysCapital completed the acquisition of a minority stake in Safex Chemicals from BanyanTree for $50m.

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.