Acquisition History / Torrent Pharmaceuticals Ltd / J.B. Chemicals and Pharmaceuticals Ltd

Torrent Pharmaceuticals Ltd Acquires J.B. Chemicals and Pharmaceuticals Ltd

Announced June 2025 — $2.90B

Torrent Pharmaceuticals LtdPharmaceuticals2025

What happened

Torrent Pharmaceuticals agreed to acquire control of J.B. Chemicals and Pharmaceuticals from KKR in a transaction valuing JB Pharma at about Rs 25,689 crore. Torrent buys KKR's roughly 46% controlling block under a share purchase agreement at Rs 1,600 per share, triggering a mandatory open offer for up to 26% at Rs 1,639.18, with JB Pharma later to be merged into Torrent under an NCLT scheme. KKR made more than five times its money on the stake it bought from the founding family in 2020.

Acquirer
Torrent Pharmaceuticals Ltd
Target
J.B. Chemicals and Pharmaceuticals Ltd
Announced
June 2025
Price
$2.90B
Industry
Pharmaceuticals
Buyer type
Strategic acquirer
Backing investors
KKR (seller)
Status
Announced, not yet closed

By the numbers

Torrent Pharmaceuticals Ltd's acquisition history
1st of 1 tracked deals
Disclosed prices
1 of 1 Torrent Pharmaceuticals Ltd deals
Torrent Pharmaceuticals Ltd's average disclosed price
$2.90B
Torrent Pharmaceuticals Ltd's largest disclosed deal
J.B. Chemicals and Pharmaceuticals Ltd ($2.90B)
Tracked acquisitions in 2025
503 across all acquirers
Torrent Pharmaceuticals Ltd in Pharmaceuticals
1 acquisition

Frequently Asked Questions About This Acquisition

When did Torrent Pharmaceuticals Ltd acquire J.B. Chemicals and Pharmaceuticals Ltd?

Torrent Pharmaceuticals Ltd acquired J.B. Chemicals and Pharmaceuticals Ltd on June 2025. This was Torrent Pharmaceuticals Ltd's 1st publicly tracked acquisition out of 1 we have on record.

How much did Torrent Pharmaceuticals Ltd pay for J.B. Chemicals and Pharmaceuticals Ltd?

Torrent Pharmaceuticals Ltd paid $2.90B for J.B. Chemicals and Pharmaceuticals Ltd.

What does J.B. Chemicals and Pharmaceuticals Ltd do?

Torrent Pharmaceuticals agreed to acquire control of J.B. Chemicals and Pharmaceuticals from KKR in a transaction valuing JB Pharma at about Rs 25,689 crore. Torrent buys KKR's roughly 46% controlling block under a share purchase agreement at Rs 1,600 per share, triggering a mandatory open offer for up to 26% at Rs 1,639.18, with JB Pharma later to be merged into Torrent under an NCLT scheme. KKR made more than five times its money on the stake it bought from the founding family in 2020.

What other Pharmaceuticals companies has Torrent Pharmaceuticals Ltd acquired?

J.B. Chemicals and Pharmaceuticals Ltd is Torrent Pharmaceuticals Ltd's only publicly tracked acquisition in Pharmaceuticals so far.

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