PE Fund Investments
Agrochem co Safex acquires UK's Briar Chemicals for $80-M
Delhi-based agrochemicals firm Safex Chemicals India Ltd has acquired UK-based Briar Chemicals (from Germany-based investment firm Aurelius Equity Opportunities) for GBP 73 million (about USD 80 M). Briar Chemicals is a Contract Development and Manufacturing Organisation (CDMO) in the agrochemicals segment. Neeraj Jindal, Director of Safex, has joined the Board of Briar Chemicals.
From the Venture Intelligence PE-VC Deal Database: In Mar-21, Safex attracted USD 50 million from ChrysCapital. (Subscribers to the database can login to view the valuation, deal structuring and other transaction details.)
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