RadiciGroup, acquisition of Ester Industries Ltd. completed

by / Thursday, 22 September 2022 / Published in News & Updates

*Singhi Advisors* exclusively advised yet another transaction in Engg Plastics, involving *€1.5bn, European major Radici group*, (engaged in High Performance Polymers & Speciality Chemicals), completing acquisition of *Engineering Plastic Compounding business of “Ester Industries Ltd”* on slumpsell basis for all cash INR 290Cr. Ester will further consolidate its position and growth initiatives in its core Film and Speciality Polymer business.

This is *Singhi Advisor’s 6th Cross Border transaction in Engineeringb Plastics/ Modified Polymers space* involving transactions with global majors like Kingfa Sci, Radici, Lyondellbasell, DSM, Rhodia (Solvay) etc.

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