# Pidilite Industries acquires adhesive business of Bluecoat Private Limited

Pidilite Industries has acquired the adhesive business of Ahmedabad-based Bluecoat Private Limited on a slump sale basis for Rs 263.57 crore. Bluecoat's manufacturing facility is in Baddi, Himachal Pradesh.

- Type: Acquisition
- Announced: 2016-11-27
- Where: Baddi, Himachal Pradesh, India
- Value: $39.0M (2.64B INR)
- Status: completed
- Products: adhesives, textile printing chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Pidilite Industries](https://endata.com/companies/19780.md) (acquirer)
- [Bluecoat Private Limited](https://endata.com/companies/19781.md) (target)

## Sources

- [gaoxinhuagong.com](http://www.gaoxinhuagong.com/news/show-htm-itemid-691.html), 2016-11-27: "The transaction was concluded on a slump sale basis for a consideration of Rs 263.57 crore."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.