Evonik to Sell Rheinperchemie Firm to Calibre Chemicals

Business Expansion Evonik to Sell Rheinperchemie Firm to Calibre Chemicals

2022-09-08 Source: Press release Calibre Chemicals

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The Indian company Calibre Chemicals, which is claimed to be one of the largest manufacturers of potassium persulphate; perchlorates and iodine derivatives in India, has plans to take over Evonik’s Rheinperchemie firm with an aim to expand its business to the European market.

Calibre and Rheinperchemie's offerings are complementary and revenue accrediting. (Source: Pixabay) — Calibre and Rheinperchemie's offerings are complementary and revenue accrediting.
(Source: Pixabay)

Mumbai/India – Mumbai-headquartered Calibre Chemicals (Calibre), a nutrition, pharmaceuticals and personal care specialty chemicals company, has entered into a definitive agreement to acquire 100 % shareholding of Rheinperchemie (RPC), from Evonik. RPC, located in Rheinfelden Germany, is a prominent manufacturer of ammonium and sodium persulphates in Europe.

Calibre is one of the largest manufacturers of potassium persulphate, perchlorates and iodine derivatives in India and serves customers in over 100 countries. With this acquisition, Calibre will become a global, full range persulphates supplier while expanding onshore presence in the European market.

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On closure, Calibre would be a front runner for Indian specialty chemical companies investing in green electrochemical opportunities in the western world. Calibre's CEO, Deepak Chander, said, "We are excited about the cultural and geographical diversity in our functional teams. The RPC acquisition will accelerate organization learning to provide best-in-class products and services to customers and enhance customer centricity for all our business lines in Europe. Teams across the two continents would work together to expand our electrochemistry capability and capacities to further improve existing products and manufacture new products as well."

Calibre and Rheinperchemie's offerings are complementary and revenue accrediting. Calibre has plans to further strengthen manufacturing at RPC and will also add new persulphates capacity in other geographies.

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