Aquapharm is a chemicals manufacturer and supplier, operating in the chemical industry. The company's main offerings include the production and supply of specialty chemicals such as phosphonates, polymers, and biodegradable chelating agents. These products are primarily sold to industries such as detergents, industrial cleaners, water treatment, oil and gas, and textiles. It was founded in 1974 and is based in Pune, India. In November 2023, Aquapharm was acquired by PCBL.04M.
Latest Aquapharm News
Nov 29, 2023
By siliconindia | Wednesday, 29 November 2023, 08:53:18 AM IST PCBL Limited's Board of Directors has given the green light for the acquisition of 100% of the issued and paid-up share capital of Aquapharm Chemicals Private Limited (ACPL), which amounts to 2,12,172 shares, for a total consideration of 3,800 crores. This acquisition represents the fully diluted basis of ACPL's share capital. The company signed a share purchase agreement (SPA) on November with ACPL, Vimal V. Mangwani, Dharmesh Mangwani, Nitin Raojibhai Desai and other shareholders of ACPL for the Proposed Transaction. The agreement is subject to obtaining all necessary approvals and fulfilling other customary conditions as per the terms and conditions specified in the SPA. The company plans to finance the proposed transaction using a combination of internal accruals and external funding from its affiliates or associates. This acquisition of ACPL signifies the company's entry into the global specialty segments of Water Treatment Chemicals and Oil and gas Chemicals, which is the first step towards achieving its vision of creating a diversified and multi-platform global specialty chemical business portfolio. Aquapharm Chemicals Private Limited reported a consolidated turnover of Rs 2,008.8 crores for the fiscal year ending on March, 2023. The company is privately owned and specializes in manufacturing water treatment solutions for global customers across diverse end markets. Read More News :
Aquapharm Frequently Asked Questions (FAQ)
When was Aquapharm founded?
Aquapharm was founded in 1974.
Where is Aquapharm's headquarters?
Aquapharm's headquarters is located at Sadhu Vaswani Road, Maharashtra, Pune.
What is Aquapharm's latest funding round?
Aquapharm's latest funding round is Acquired.
Who are the investors of Aquapharm?
Investors of Aquapharm include Philips Carbon Black.