Sreeraj Krishnamoorthy
Singhi Advisors Pvt. Ltd.
Agrocel Industries
Deal Type
Acquisition
Sector
Industrials
Completion Date
10th January 2019
Deal Value
Not disclosed
Company Background
The company is engaged in production of in bromine, industrail salt and agrochem inputs
Deal Summary
Singhi Advisors acted as exclusive advisirs to Agrocel Industires on its acquisition of Solaris ChemTech.
Avantha Group divested its agro chemicals unit, Solaris ChemTech (bromine production and distribution), to Agrocel Industries (part of the Shroff Group of Companies which includes Excel Industries) for USD 125mn to repay outstanding debt of USD 1.7bn.
The transaction is a strategic fit for Agrocel, to expand its businesses in bromine, industrail salt and agrochem inputs.
Value Added
End to End exclusive advisor to Agrocel in acquisition advisory, structuring, negotiation & financing of Solaris Chemtech
Agrocel Industries deal contacts
Key members of the Singhi Advisors Pvt. Ltd. deal team crucial in the Agrocel Industries transaction
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