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

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.