Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals) said,” We are glad to have completed this transaction at the start of the fiscal year. This acquisition is in line with our vision and strategy to grow in a profitable and sustainable manner.  The Savannah business will be part of our Speciality chemicals sector. The addition of this Food Additives Business will expand our speciality offerings and build a larger speciality business going forward.”

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Vishal Sharma, Executive Director and Chief Executive Officer, Godrej Industries (Chemicals) said,” In line with our strategy, the acquisition of this unit in the Food Ester and Emulsifier Business will help us to grow our speciality chemicals business. This acquisition is aligned with our commitment towards sustainable growth and innovation.”

Located at Goa, Savannah Surfactants Limited has a manufacturing capacity of 5,200 MTPA of finished products.

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