Zeochem acquires India-based Sorbead India and Swambe Chemicals
Zeochem, the chemistry division of the CPH Group, is to acquire Sorbead India and Swambe Chemicals.
Zeochem, the chemistry division of the CPH Chemie + Papier Holding AG, is to acquire Sorbead India and Swambe Chemicals. The purchase of the India-based distributor of molecular sieves and packaging materials and manufacturer of chromatography gels marks a further step in the CPH Group’s expansion strategy. The transaction is expected to close in the second quarter of 2024.
In acquiring Sorbead India and Swambe Chemicals, the chemistry division is gaining its own presence in the Indian chemicals and pharmaceuticals markets and expanding its product range. With its geographical location and its product portfolio, Sorbead India and Swambe Chemicals excellently complements Zeochem’s present global activities. With its own India-based company, CPH Group aims to play the full part in the subcontinent’s strong business growth.