people who voted against a stray solution don t want happen to them which is why they call for the funding of the police and use money to pay for private security. it s fine when habits other people on the subway not to th them. i be fine if they hired security for the guys who hate cops. don t use retired police are presently police officers on cl chemicals protect themselves and see how they get some i cannot remember her name sedona bid for it she is a victim because she does not have the same security that the squad has. the squad throws woman or the bus every day. every day that they ignore women as victims they are the worst misogynists in the planet. it s a consequence i think of applying the political filter the things and never used to be political. this would happen when the left 70s decided that everything personal is not political. and so things were used to bat
expend that. people who voted against a stray solution don t want happen to them which is why they call for the funding of the police and use money to pay for private security. it s fine when habits other people on the subway not to t them. i be fine if they hired security for the guys who hate cops. don t use retired police are presently police officers on cl chemicals protect themselves and see how they get some i cannot remember her name sedona bid for it she is a victim because she does not have the same security that the squad has. the squad throws woman or the bus every day. every day that they ignore women as victims they are the worst misogynists in the planet. it s a consequence i think of applying the political filter the things and never used to be political. this would happen when the left 70s decided that everything personal is not political. and so things were used to bat
Global private equity fund Advent International on Monday said it will be acquiring a controlling stake in pharma sector-focused Avra Laboratories, in a deal which values the company promoted by A V Rama Rao at USD 100 million.The 26-year-old Avra is headquartered in Hyderabad and engaged in contract manufacturing and research services and speciality active pharmaceutical ingredients.
Advent International acquires ZCL Chemicals for Rs 2,000 Cr
Advent International acquires ZCL Chemicals for Rs 2,000 Cr
12 March 2021 | News
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Parikh family, founder and promoters of ZCL Chemicals Limited has announced that they have sold the entire stake in the company to Advent International, one of the largest and most experienced global private equity investors, for an equity value of Rs 2,000 crore.
Pursuant to the signing of definitive agreements last month, Parikh family sold its entire ~80 per cent holding and has completely exited ZCL. Of the above, ~26 per cent will be transferred subject to the customary closing conditions and receipt of all applicable regulatory approvals. Morgan Stanley Private Equity Asia, a private equity platform that acquired ~20 per cent stake in ZCL for Rs 150 crore in 2016, has also exited ZCL for Rs 390 crore. The Parikh family facilitated a seamless exit to the private equity fund through this transaction.
On Tuesday, private equity firm Advent International acquired the entire stake in the company
In 2008, when FMCG major Emami Group took over Zandu Pharmaceuticals from Mumbai-based Parikh family, 22-year-old Nihar Parikh decided to buyback Zandu Chemicals, a subsidiary, and carve it out into a separate firm. Little did he know that his initial investment of ₹12.5 crore would multiply 160 times to fetch him a whopping ₹2,000 crore in just 12 years.
On Tuesday, private equity firm Advent International acquired the entire stake in ZCL Chemicals Ltd (formerly known as Zandu Chemicals Ltd) for about ₹2,000 crore, a move that also marked the exit of Morgan Stanley Private Equity Asia (MSPEA), which also sold its 19 per cent stake in the company.