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Anupam Rasayan India to acquire 100% equity stake in Jayhawk Fine Chemicals Corporation

10 Dec 2025 Evaluate

Anupam Rasayan India has signed definitive agreement to acquire 100% equity stake in Jayhawk Fine Chemicals Corporation (Jayhawk) (part of the CABB group), a U.S. based specialty chemical company, for a purchase consideration of around $150 million. The purchase consideration accounts for payment against the equity value of Jayhawk and existing loans payable to the exiting shareholders. Considering around $16 million of cash and cash-like items for Jayhawk as of June 2025, the purchase consideration translates to an enterprise value of around $134 million. 

The acquisition will be financed through a mix of internal accruals, debt and quasi equity from a leading global investment management firm with an AUM in excess of $100 billion. This acquisition shall be EPS accretive for Anupam.

This acquisition represents a transformative step in Anupam Rasayan’s long-term strategy to expand its global CDMO presence and establish a strong foothold in the U.S. & global specialty chemicals market.

Anupam Rasayan India is one of the leading companies engaged in the custom synthesis (CSM) and manufacturing of specialty chemicals in India.

Anupam Rasayan India Share Price

1371.35 3.95 (0.29%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
BASF India 4035.90
Tata Chemicals 782.10
SRF 2780.75
Pidilite Inds. 1476.15
Deepak Nitrite 1875.25
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