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JB Chemicals Acquires Several Sanzyme Brands

The $83m Transaction Is Expected To Close Within The Next Two Weeks

 
• By Chloe Kent

JB Chemicals has purchased a number of leading brands from Sanzyme, which it plans to scale up and institutionalize within India. The transaction, worth over $80m, is expected to close within the next two weeks.

Close-up of bottles on conveyor belt in factory
JB Chemicals has experienced a conveyor belt of executive changes since its acquisition by KKR • Source: Alamy

JB Chemicals & Pharmaceuticals Ltd. has acquired a number of brands in the probiotics, therapeutic nutraceuticals and reproductive health markets from Sanzyme, in a transaction valued at INR6.28bn ($83.4m). The deal is expected to be completed within the next two weeks following customary closing formalities, having been signed off at a 25 January board meeting.

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