Mahesh Singhi
Singhi Advisors Pvt. Ltd.
Solvay, S.A.
Deal Type
Company sale
Sector
Industrials
Completion Date
1st March 2017
Deal Value
Not disclosed
Company Background
SOLVAY is a multi-specialty chemical company, committed to developing chemistry that addresses key societal challenges. Solvay innovates and partners with customers in diverse global end markets. Its products and solutions are used in planes, cars, smart and medical devices, batteries, in mineral and oil extraction, among many other applications promoting sustainability. Its lightweighting materials enhance cleaner mobility, its formulations optimize the use of resources and its performance chemicals improve air and water quality. Solvay is headquartered in Brussels with around 27,000 employees in 58 countries.
Deal Summary
Singhi Advisors advised Solvay on its sale of 25,1% shares in National Peroxide Limited (BOM:500298) to the Wadia Group, a conglomerates of corporate India and promoter shareholder of National Peroxide Limited.
Established in 1954 as a joint venture between the Wadia Group and Laporte, National Peroxide Limited is engaged in manufacturing hydrogen peroxide, sodium perborate and hydrogen gas.
National Peroxide Limited (NPL), part of the Wadia Group, who currently owns 45.4% shareholding and management control in the Company, have in principally agreed to purchase additional 25.1 % stake in NPL from its JV partner-Solvay S.A. in an undisclosed value transaction, in an inter partner, off market block transaction, consolidating their holding in NPL to over 70%.
Solvay, S.A. deal contacts
Key members of the Singhi Advisors Pvt. Ltd. deal team crucial in the Solvay, S.A. transaction
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