Aceto, a global provider of speciality materials for life sciences and advanced tech end-markets, today announced the acquisition of a majority stake in Indian firm Finar Ltd.

— VCCircle

Finar is a life sciences company, having its GMP certified manufacturing base at Ahmedabad, Gujarat, India, and is a leading manufacturer of laboratory chemicals, and has over 1000 products including pharmaceutical excipients and solvents, food grade additives, aquaculture specialties and safety & hygiene products.

DSK Legal advised Finar Limited and its promoters Girish Maheshwari, Amit Maheshwari and other selling shareholders, led by relationship partner Aparajit Bhattacharya, with the firm’s core team comprising of partner Harvinder Singh, senior associate Shubhi Ameriya and associate Manhar Gulani.

AZB & Partners represented Aceto in the deal.

Lincoln International acted as the exclusive financial advisor to Finar and its shareholders.

2021-05-13

Deal value: Confidential

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