Godrej Industries Limited, a prominent name in the Indian industrial landscape, has officially completed the acquisition of the Food Additives business from Savannah Surfactants Limited. This acquisition strengthens Godrej Industries' position in the speciality chemicals sector and marks a significant step toward expanding its product portfolio, especially in the Food & Beverages industry globally.

Transaction Overview

The acquisition, finalized on April 14, 2025, follows an earlier announcement made by Godrej Industries on November 12, 2024, regarding the signing of a Business Transfer Agreement (BTA) with Savannah Surfactants Limited. The transaction involves the transfer of Savannah’s Food Additives business, which includes manufacturing operations located in Goa, with a production capacity of 5,200 MTPA of finished products.

Strategic Alignment with Growth Plans

This acquisition is in alignment with Godrej Industries' broader strategy of sustainable and profitable growth. As stated by Vishal Sharma, the Executive Director and CEO of Godrej Industries (Chemicals), “We are glad to have completed this transaction at the start of the fiscal year. This acquisition is in line with our vision and strategy to grow in a profitable and sustainable manner.” The acquisition will now be integrated into Godrej’s Speciality Chemicals division, helping the company further strengthen its position in the specialty chemicals sector and expand its offerings to global Food & Beverages industries.

Benefits of the Acquisition

The acquisition of the Food Additives business from Savannah Surfactants Limited brings numerous benefits, including:

• Expansion of product offerings tailored to the Food & Beverages sector.

• Greater global reach, leveraging Godrej’s existing distribution and customer base.

• Enhanced focus on specialty chemicals, positioning the company for sustained growth and profitability in this high-demand sector.

About Godrej Industries (Chemicals)

Godrej Industries (Chemicals), established in 1963, is one of the oldest businesses in the Godrej Group. Known for its commitment to green chemistry, Godrej has earned recognition for its sustainable practices, helping the company become one of India’s leading providers of oleochemicals, surfactants, specialty chemicals, and biotech products.

The company produces products primarily from renewable feedstocks derived from vegetable oils, and it serves a broad range of industries, including home and personal care, oil and gas, agrochemicals, pharmaceuticals, and more. With a presence in over 80 countries, Godrej is committed to driving sustainability, customer-centricity, and renewable resource-focused chemistries in all its operations.

Commitment to Sustainability and Innovation

Godrej Industries operates with a strong focus on sustainability, ensuring that all its products are developed with the least environmental impact. The company’s state-of-the-art R&D center, located in India, plays a pivotal role in developing tailored solutions to meet specific performance requirements across various industries.

The company’s operations are spread across Maharashtra and Gujarat, and they continue to invest in cutting-edge technologies to enhance the efficiency and environmental responsibility of their processes. Their commitment to responsible practices has earned them several prestigious certifications and awards, underscoring their reputation among global suppliers and customers.

Moving Forward

With the acquisition of the Savannah Surfactants Food Additives Business, Godrej Industries is poised to expand its footprint in the global Food & Beverages market, a high-growth segment with increasing demand for specialty chemicals. The company’s robust infrastructure, coupled with a strong commitment to sustainability, will allow it to meet growing customer demands while contributing to environmental preservation.

Investors and stakeholders are likely to benefit from this acquisition, as Godrej Industries positions itself for further growth and innovation in the chemicals sector, reinforcing its leadership in specialty chemicals globally.

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