- Calibre acquires 100% shareholding of RheinPerChemie GmbH from Evonik.
- RheinPerChemie manufactures ammonium and sodium persulphates in Europe.
- Calibre is a major producer of potassium persulphate, perchlorates, and iodine derivatives.
- The acquisition enhances Calibre's electrochemical capabilities and European market presence.
Acquisition Overview
Mumbai-headquartered Calibre Chemicals has entered into a definitive agreement to acquire 100% shareholding of RheinPerChemie GmbH (RPC) from Evonik. RPC, located in Rheinfelden, Germany, is a prominent manufacturer of ammonium and sodium persulphates in Europe.
Strategic Expansion
Calibre, one of India's largest manufacturers of potassium persulphate, perchlorates, and iodine derivatives, serves customers in over 100 countries. This acquisition will make Calibre a global, full-range persulphates supplier and expand its onshore presence in the European market.
Future Prospects
Upon closure, Calibre aims to be a front runner among Indian specialty chemical companies investing in green electrochemical opportunities in the western world. The acquisition will enhance Calibre's electrochemistry capabilities and capacities, improving existing products and enabling the manufacture of new ones.
Operational Synergies
Calibre and RheinPerChemie's offerings are complementary and revenue accrediting. Calibre plans to strengthen manufacturing at RPC and add new persulphates capacity in other geographies. Teams across continents will collaborate to provide best-in-class products and services to customers, enhancing customer centricity for all business lines in Europe.
