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Announced

Completed

ChrysCapital-backed Safex India completed the acquisition of Briar Chemicals from AURELIUS for $81m.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Cross Border

Single Bidder

Friendly

Acquisition

Private

Business Process Outsourcing

industrial chemicals

contract manufacturing platform

Specialty Chemicals

Completed

United Kingdom

Private Equity

Synopsis

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ChrysCapital-backed Safex India, a manufacturer of pesticides and agrochemicals, completed the acquisition of Briar Chemicals, an operator of contract manufacturing company specializing in specialty industrial chemicals, from AURELIUS, a private equity firm, for $81m. “We are delighted to enter the UK by acquiring the country’s pre-eminent independent agrochemical CDMO provider. The addition of Briar to Safex’s crop protection business strengthens our position in the global agrochemicals market," Piyush Jindal, Safex Director.

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