Sreeraj Krishnamoorthy
Singhi Advisors Pvt. Ltd.
Elixir Extracts Pvt Ltd
Deal Type
Company sale
Sector
Consumer
Completion Date
5th April 2025
Deal Value
Not disclosed
Company Background
Manufacturer, exporter and dealer of herb and spice-based products. Elixir manufacturers standardized Natural Extracts, Essential Oils, Oleoresins, Flavours, Micro Encapsulated Oils & Oleoresins. Its sources are raw materials from the natural habitats and a number of them are wild collected. These raw materials are subjected to pre-processing for removing foreign matter, cleaning and crushing. The systematic and scientific processes adopted by in identifying and sourcing ensures the superior quality of the natural extracts manufactured by the company
Deal Summary
Singhi Advisors acted as an exclusive advisor to Kerala based Elixir Extracts in its strategic divestment of Spice oleoresins and essential oils business supplying to reputed domestic food companies to OFB Tech (Ofbusiness), a Softbank backed USD 10 Bn valued company facilitating them to forward integrate from agro commodity trading to value added manufacturing
