Fairfax India Holdings Corporation $300 million acquisition of 30% stake in Sanmar Chemicals Group

22/4/2016

Financing, Private acquisition

Value:

Re 300 million

Status:

Completed

Date:

22/4/2016

Overview:

Fairfax India Holdings Corporation, through its wholly-owned subsidiaries, has invested $300 million into the Sanmar Chemicals Group, through a combination of equity and fixed income securities.
As a result of this investment, Fairfax India will acquire a 30% equity ownership in Sanmar.
Sanmar is a PVC manufacturer.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal types:

Financing
Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Industrials and manufacturing

Firm:

AZB & Partners

Party: Fairfax India Holdings Corporation (Acquirer)

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