Godrej Industries Limited has completed the acquisition of the Food Additives business from Savannah Surfactants Limited (Goa).
This acquisition, initially announced on 12 November 2024, is aimed at expanding Godrej Industries' product offerings within the Food & Beverages industry on a global scale.
Vishal Sharma, Executive Director and CEO of Godrej Industries (Chemicals), stated that this acquisition aligns with the company's vision for profitable and sustainable growth, and will bolster their speciality chemicals business.
Savannah Surfactants' Goa facility has a manufacturing capacity of 5,200 MTPA of finished food additive products.
Godrej Industries' Chemicals business, established in 1963, aims to be a 'Green chemistry' company and is a leading provider of oleochemicals, surfactants, and specialty chemicals.