Chemcon Speciality Chemicals Limited — JV/Acquisition, 05-08-2025: Acquisition

Chemcon Speciality Chemicals has acquired the entire business of Shivam Petrochem Industries for up to 100 Cr. This 100% business acquisition is a strategic move to expand Chemcon's footprint in the chemicals sector. Shivam Petrochem, a manufacturer with a FY25 turnover of 26.46 Cr, complements Chemcon's core operations, promising immediate value, enhanced product offerings, and efficiency synergies. This acquisition aims to bolster Chemcon's operational capabilities and market position.