Anupam Rasayan to acquire Evonik Jayhawk Fine Chemicals from CABB Group for $150m.

Anupam Rasayan, a life science company, agreed to acquire Evonik Jayhawk Fine Chemicals, a manufacturer of specialty and fine chemicals, from CABB Group, a contract development and manufacturing company, for $150m. “This acquisition is a transformative step in Anupam’s global journey. Jayhawk brings to us a legacy of innovation, deep customer relationships, and a strong technology platform in high value chemistries. Together, we will leverage our complementary strengths to accelerate growth, enhance our global presence, and deliver greater value to customers across key sectors such as aviation, semiconductors and electronics. Now, with Jayhawk, we move forward in the value chain, closer to the end applications, manufacturing key N-1 molecules for these critical sectors. The addition of Jayhawk’s U.S. operations significantly strengthens our global footprint and positions us closer to strategic customers in developed markets,” Anand Desai, Anupam Rasayan Managing Director.