RadiciGroup, acquisition of Ester Industries Ltd. completed

*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.

Read more at:

https://www.radicigroup.com/en/news-media/news/radicigroup-acquisition-of-ester-industries-ltd-completed-70357

https://www.indiainfoline.com/article/news-top-story/ester-industries-completes-sale-of-engineering-plastics-business-for-rs289-33-crore-122091600316_1.html