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Fineotex Chemical in discussions with speciality chemical company for acquisition

13 May 2024 Evaluate

Fineotex Chemical is engaged in advanced discussions with a speciality chemical manufacturing company regarding a potential acquisition. The target company’s product portfolio and customer base aligns well with its current business operations. The negotiations and due diligence are underway and this initiative reflects its commitment to both organic and inorganic growth, enhancing stakeholder value. The proposed acquisition is contingent upon completion of due diligence and other relevant factors.  

Fineotex Chemical manufactures specialty chemicals consumed by textile and garment industry, leather, construction, adhesives paper, water treatment, agrochemicals, paint and other industries.


Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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