Anupam Rasayan has announced a definitive agreement to acquire 100% stake in US-based Jayhawk Fine Chemicals Corporation for a total consideration of $150 million. The deal marks a turning point for the Surat-headquartered speciality chemicals manufacturer as it strengthens its global footprint and expands into high-growth market segments.

Calling the acquisition a “big milestone” and a “transformative journey,” CEO Gopal Agrawal said the move positions the company closer to international customers and broadens its chemistry capabilities. The transaction includes an enterprise value of $134 million and $16 million in cash reserves at Jayhawk.

Agrawal detailed the funding structure. “The company will look at investing roughly $40 million out of Anupam ,” he said, adding that “₹100 cro

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