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M&A Deal Summary

Astral Acquires Resinova Chemie

On November 21, 2014, Astral acquired chemicals company Resinova Chemie

Acquisition Highlights
  • This is Astral’s 1st transaction in the Chemicals sector.
  • This is Astral’s 1st transaction in India.

M&A Deal Summary
Date 2014-11-21
Target Resinova Chemie
Sector Chemicals
Buyer(s) Astral
Deal Type Add-on Acquisition

Target

Resinova Chemie

Kanpur, India
Resinova Chemie Ltd. is a manufacturer of highly diversified range of adhesives used in varied applications. It manufactures epoxy resins, adhesives.

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Buyer(S) 1

Buyer

Astral

Ahmedabad, India
Category Company
Founded 1996
Sector Plastics
Employees4,800
Revenue 58.2B INR (2025)
DESCRIPTION

Astral is a manufacturer of plumbing & drainage systems. Astral manufactures CPVC plumbing systems for both residential and industrial applications, and also ASTM solvent weld lead free PVC plumbing system. Astral was founded in 1996 and is based in Ahmedabad, Gujarat.

DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2014 M&A 1 of 1
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