GMM Pfaudler Acquires Industrial Mixing Solutions Division Of Sudarshan Chemical
GMM Pfaudler Limited (GMMP), a leading supplier of process equipment to the pharmaceutical and chemical industries, has acquired the Industrial Mixing Solutions Division (IMSD) of Sudarshan Chemical Industries Limited, Pune. The transaction is subject to completion of specific conditions.
PL Capital Markets Private Limited, part of Prabhudas Lilladher Group, is the exclusive M&A Advisor to GMMP. L&L Partners (formerly, Luthra & Luthra, Law Offices) are the legal advisors to GMMP on this transaction.
The acquisition of IMSD would enhance GMMP’s industrial mixing business vertical by bringing in new products, technologies, customers and industry segments. Significant cost synergies are expected due to economies of scale, value engineering and by leveraging the strengths of both the organisations. The two businesses once consolidated would become India’s premier industrial mixing solutions provider.