Announcement: Expansion of Partnership 2016
HSA Advocates advised Camlin Fine Sciences (“Camlin”) to acquire 65% stake in Dresen Quimica (“Dresen”), a specialty chemical company based in Mexico. Through its subsidary CFS Antioxidantes Mexico, Camlin bought the stake in Dresen. With this acquisition, Camlin expands its market reach in North, Central and South America.
Dresen, incorporated in 1987, is in the business of manufacturing specialty intermediate chemicals used by manufacturers of feed, food and other industrial product. The company operates in Mexico, Guatemala, Peru, Colombia and Dominican Republic. Camlin, having operations world over for over thirty years, provides shelf life extension solutions including antioxidants, aroma ingredients and performance chemicals. They serve the end-consumers with products catering to the food, pharmaceutical, dye, biodiesel, petrochemical, agrochemnical, textile and tanning industries.
The legal side of this acquisition was spearheaded by HSA Advocates’ Partner Abeezar Faizullabhoy and Associate Ritika Sharma.