MoneyWorks4Me

Camlin Fine Sciences’ arm buys 65% stake in Dresen Quimica SAPI de CV

06 May 2016 Evaluate

Camlin Fine Sciences’ subsidiary - CFS Antioxidantes DE Mexico SA DE CV, Mexico has acquired 65 percent stake in Dresen Quimica SAPI de CV, Mexico, along with its group companies. The CFS Antioxidantes DE Mexico has made the acquisition for $7.8 million. Its  group companies are Industrias Petrotec de Mexico, Nuvel, SAC, Peru, Sritec SA, Guatemala, lnovel SAS, Colombia and Grinel SA, Dominican Republic.

Camlin Fine Chemicals is the world's second largest manufacturer and marketer of food grade antioxidants BHA (butylated hydroxyanisole) and TBHQ (Tertiary Butylhydroquinone).

Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
View more..