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Sudarshan Chemical divests plastics master batch business to Americhem

04 Jun 2018 Evaluate

Sudarshan Chemical Industries has divested its plastics master batch business, Prescient Color, to Americhem, Inc. The transaction was completed on June 1, 2018. Ernst & Young, LLP acted as the exclusive M & A advisor to Sudarshan for the transaction. 

This strategic divestment demonstrates Sudarshan’s commitment to grow aggressively in the Plastics industry through a no-conflict approach with customers. It has planned to invest around Rs 1000 crore ($150 million) over the next five years to underpin these growth targets.

Sudarshan Chemical Industries is engaged in the manufacture of organic and inorganic pigments, mica-based effect pigments, chemical intermediates and pesticides.

Sudarshan Chemicals Share Price

874.00 -7.60 (-0.86%)
17-Apr-2026 16:59 View Price Chart
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