Acquisition History / Indo Borax & Chemicals Limited / Kronox Lab Sciences Limited
Indo Borax & Chemicals Limited Acquires Kronox Lab Sciences Limited
Announced August 20, 2026 — $27.8M
What happened
Indo Borax & Chemicals signed a share purchase agreement to buy 23,844,000 shares (64.26%) of listed speciality chemicals maker Kronox Lab Sciences from its promoters at ₹103.22 per share. Kronox makes high-purity excipients, reagents and buffers for the pharmaceutical industry from plants in Gujarat.
- Acquirer
- Indo Borax & Chemicals Limited
- Target
- Kronox Lab Sciences Limited
- Announced
- August 20, 2026
- Price
- $27.8M
- Industry
- Speciality fine chemicals
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Indo Borax & Chemicals Limited acquire Kronox Lab Sciences Limited?
Indo Borax & Chemicals Limited acquired Kronox Lab Sciences Limited on August 20, 2026. This was Indo Borax & Chemicals Limited's 1st publicly tracked acquisition out of 1 we have on record.
How much did Indo Borax & Chemicals Limited pay for Kronox Lab Sciences Limited?
Indo Borax & Chemicals Limited paid $27.8M for Kronox Lab Sciences Limited.
What does Kronox Lab Sciences Limited do?
Indo Borax & Chemicals signed a share purchase agreement to buy 23,844,000 shares (64.26%) of listed speciality chemicals maker Kronox Lab Sciences from its promoters at ₹103.22 per share. Kronox makes high-purity excipients, reagents and buffers for the pharmaceutical industry from plants in Gujarat.
What other Speciality fine chemicals companies has Indo Borax & Chemicals Limited acquired?
Kronox Lab Sciences Limited is Indo Borax & Chemicals Limited's only publicly tracked acquisition in Speciality fine chemicals so far.