Chemcon Speciality Chemicals has acquired the entire business of Shivam Petrochem Industries for up to 100 Cr.

This 100% business acquisition is a strategic move to expand Chemcon's footprint in the chemicals sector.

Shivam Petrochem, a manufacturer with a FY25 turnover of 26.46 Cr, complements Chemcon's core operations, promising immediate value, enhanced product offerings, and efficiency synergies.

This acquisition aims to bolster Chemcon's operational capabilities and market position.