Safex Chemicals acquires Mumbai-based Shogun Organics

Safex Chemicals acquires Mumbai-based Shogun Organics
SECTIONS
Last Updated: May 05, 2021, 06:17 PM IST
Share
Synopsis
Commenting on the deal, Safex Chemicals Director Piyush Jindal said, "We intend to leverage Shogun's existing infrastructure to backward integrate into the agrochemical technicals segment and expand into the agrochemical exports market".
PTI
Safex Chemicals India Ltd on Wednesday announced the acquisition of Mumbai-based chemical maker Shogun Organics for an undisclosed amount. The acquisition will provide Safex a platform to backward integrate the agrochemical technical segment and enter the home care and agrochemical technical manufacturing segment, the company said in a statement.
Meanwhile, the promoters of Safex -- SK Chaudhary, Neeraj Jindal, Rajesh Jindal and Piyush Jindal -- will join the board of Shogun Organics, it added.

Related Keywords

Mumbai , Maharashtra , India , Rajesh Jindal , Neeraj Jindal , Piyush Jindal , Safex Chemicals India Ltd On , Safex Chemicals India Ltd , Shogun Organics , Safex Chemicals Director Piyush Jindal , Safex Chemicals , Home Care , Chemicals India , Safex , மும்பை , மகாராஷ்டிரா , இந்தியா , ராஜேஷ் ஜிண்டால் , நீரஜ் ஜிண்டால் , பியூஷ ஜிண்டால் , பாதுகாப்பான இரசாயனங்கள் , வீடு பராமரிப்பு , இரசாயனங்கள் இந்தியா ,