S H Kelkar & Company’s wholly owned subsidiary -- Keva Europe B.V has acquired 100% equity stake of PFW Aroma Ingredients B.V (PFW) from Keva UK. The company has acquired 18,400 shares around to euro 53,83,000 of PFW. The purchase price of the shares shall be converted into a debt of the purchaser towards the seller.
S H Kelkar & Company is focused on its core business of manufacture supply and exports of fragrances flavours and aroma ingredients that are used in the food beverage personal care or household product industries.