Camlin Fine Sciences along with its subsidiary -- CFS Europe SpA -- Italy has acquired 51% stake in an entity in China. The target entity Ningbo Wanglong Flavors and Fragrances Company (NWFFCL) is a medium sized company. NWFFCL was incorporated on November 20, 2015 which is a joint venture between the Company and Wanglong Technology Company.
Camlin Fine Chemicals is the world's second largest manufacturer and marketer of food grade antioxidants BHA (butylated hydroxyanisole) and TBHQ (Tertiary Butylhydroquinone).
