Godrej Industries’ Chemicals Business announced its acquisition of the Food Ester and Emulsifier Business from Goa-based Savannah Surfactants Ltd. The acquisition aligns with Godrej’s strategy to broaden its product offerings in the food and beverage sector.
The unit acquired from Savannah Surfactants has an annual production capacity of 5,200 metric tons. This addition will enhance Godrej Industries’ capabilities in the specialty chemicals segment, supporting its expansion objectives in this field.
Godrej Industries (Chemicals) Executive Director and Chief Executive Officer Vishal Sharma indicated that the acquisition aligns with the company’s business plan for growth in specialty chemicals.