Sudarshan Chemical to acquire Heubach Group.

Sudarshan Chemical, a color solutions provider, agreed to acquire Heubach Group, a manufacturer of pigment preparations, anticorrosive pigments, organic and inorganic pigments. Financial terms were not disclosed. “We are delighted with this transaction that brings together two businesses that will cater to major global markets. We will carefully integrate these two companies to create a truly global pigments company, with Frankfurt remaining a strategically important location. SCIL is known for its agility and efficiency, and we will embed this culture throughout the combined company to make it one of the most customer-centric and profitable pigment companies,” Rajesh Rathi, SCIL Managing Director.