Surat, December 9, 2025: Anupam Rasayan India Limited has approved the acquisition of Monitchem Kansas S.à r.l and its subsidiaries from CABB Europe GmbH, marking a significant step in strengthening its international manufacturing footprint, particularly in the United States.
The company’s Board of Directors, at its meeting held on December 9, 2025, approved the acquisition of Monitchem Kansas S.à r.l along with its subsidiaries—Kansas HoldCo Inc., Kansas HoldCo 1, Inc., and Jayhawk Fine Chemicals Corporation—through the purchase of shares from CABB Europe GmbH. As part of the transaction, Anupam Rasayan will also acquire a loan receivable from CABB GmbH relating to a loan extended to Kansas HoldCo 1, Inc.
Following the Board’s approval, Anupam Rasayan executed a Sale and Purchase Agreement (SPA) with the seller on the same day. The aggregate consideration for the transaction, including the loan receivable, is up to USD 155 million and will be paid in cash. Upon completion, Anupam Rasayan will acquire 100% ownership and control of the target entities. The transaction does not constitute a related-party transaction, and no promoter or promoter group entity has any interest in the seller or the acquired businesses.
Monitchem Kansas S.à r.l, along with its operating subsidiary Jayhawk Fine Chemicals Corporation, is engaged in the manufacture of highly customized and complex specialty chemicals serving the crop science, life sciences, and performance materials sectors. Jayhawk
Fine Chemicals operates a manufacturing facility in Galena, Kansas, and has a long operating history dating back to 1941. The business was acquired by the CABB Group from Evonik in 2018 and is a well-established custom development and manufacturing organization (CDMO) for fine chemicals, advanced intermediates, and active ingredients. The target group reported a turnover of approximately USD 78.3 million in FY25.
Anupam Rasayan said the acquisition is strategically aligned with its objective of expanding its global presence by establishing a strong manufacturing base in the US, acquiring niche high-value capabilities, and gaining direct access to an established American customer base. The company expects the transaction to be completed between January and February 2026, subject to customary closing conditions.