M&A Deal Summary

Sumitomo Chemical Acquires New Chemi Industries

On December 17, 2010, Sumitomo Chemical acquired chemicals company New Chemi Industries

Acquisition Highlights
  • This is Sumitomo Chemical’s 3rd transaction in the Chemicals sector.
  • This is Sumitomo Chemical’s 1st transaction in India.

M&A Deal Summary

Date 2010-12-17
Target New Chemi Industries
Sector Chemicals
Buyer(s) Sumitomo Chemical
Deal Type Add-on Acquisition

Target

New Chemi Industries

Mumbai, India
New Chemi Industries Ltd. is an established agrochemical manufacturer and distributes pesticides and formulated products for farmers and the agricultural industry in India headquartered in Mumbai, India.

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Buyer(S) 1

Buyer

Sumitomo Chemical

Tokyo, Japan

Category Company
Founded 1913
Sector Chemicals
Employees29,279
Revenue 2.61T JPY (2025)
DESCRIPTION

Sumitomo Chemical is a manufacturer of fertilizers from sulfur dioxide emitted from smelting operations at the Besshi copper mine. The company engages in the Petrochemicals & Plastics Sector, Energy & Functional Materials Sector, IT-related Chemicals Sector, Health & Crop Sciences Sector, Pharmaceutical Sector, and Others. Sumitomo Chemical was founded in 1913 and is based in Tokyo, Japan.


DEAL STATS #
Overall 6 of 16
Sector: Chemicals M&A 3 of 13
Type: Add-on Acquisition M&A Deals 3 of 5
Country: India M&A 1 of 2
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-10 Interplex QLP

Woburn, Massachusetts, United States

Interplex QLP, Inc. is a electronic packaging and polymer science company. QLP's revolutionary material technology, QuantechTM can be used to provide a lower cost and very reliable air-cavity packaging solution compared to ceramic based packages for the semiconductor packaging industry in applications such as high power RF-Microwave assemblies, image sensors, HB-LEDs, MEMs, and optical electronic systems.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-05 LG Life Sciences - Ethaboxam Fungicide Business

South Korea

LG Life Sciences - Ethaboxam Fungicide Business is a highly effective on a wide range of troublesome diseases, such as downy mildew, late blight and Pythium disease, of many crops including grapes, vegetables, potatoes, corn and other row crops. The fungicide offers the distinctive advantage of flexibility in the choice of application methods, for example, soil, foliar or seed treatment applications.

Buy -