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Rossari Biotech to acquire Unitop Chemicals for ₹421 crore
short by Kiran Khatri / on Thursday, 3 June, 2021
Specialty chemicals manufacturer Rossari Biotech has announced that it will acquire Unitop Chemicals for a total of ₹421 crore. The company will initially acquire a 65% stake in Unitop Chemicals and the remaining 35% over the next two years. Unitop Chemicals, which is a supplier of surfactants and emulsifiers, has a production capacity of 86,000 million tonnes per annum.