Leading Specialty Chemicals Firm Completes USD 150 Million Acquisition of U.S. Based Jayhawk Fine Chemicals
With a PE ratio of 81.9x, the company trades at a premium compared to the industry PE of 28.1x. The company has ROCE of 7.33 per cent and ROE of 3.32 per cent.
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Anupam Rasayan India Ltd has successfully completed the acquisition of a 100 per cent equity stake in Jayhawk Fine Chemicals Corporation, a specialty chemical company based in Galena, Kansas, U.S. The total purchase consideration for the transaction was approximately USD 150 million, executed through its subsidiary, Doriath S.à r.l.
Funding for the acquisition included USD 109 million via non-voting shares, largely financed by an affiliate of Oaktree Capital Management, and USD 41 million in debt, with support from Axis Bank.
The acquisition positions Anupam Rasayan further along the value chain, enabling the company to manufacture key N-1 molecules for critical sectors such as electronics, Semiconductors, and aviation.
Managing Director Anand Desai noted that the acquisition creates a strong integrated platform by combining Tanfac Industries, Anupam Rasayan, and Jayhawk Fine Chemicals. This synergy is expected to drive long-term value through complementary chemistries and an expanded geographic footprint.
Anupam Rasayan India Ltd is engaged in manufacturing of specialty chemicals, which are sold in local as well as exported to other countries.
With a PE ratio of 81.9x, the company trades at a premium compared to the industry PE of 28.1x. The company has ROCE of 7.33 per cent and ROE of 3.32 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.