# Tata Chemicals to acquire Allied Silica's precipitated silica business for Rs 123 crore

Tata Chemicals signed a pact to acquire Allied Silica Limited's precipitated silica business for Rs 123 crore on a slump sale basis, including a manufacturing site in Tamil Nadu. The deal is expected to close within three months.

- Type: Acquisition
- Announced: 2018-04-08
- Where: Tamil Nadu, India
- Value: $19.0M (123.0M INR)
- Status: announced
- Products: precipitated silica, highly dispersible silica
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Tata Chemicals](https://endata.com/companies/31190.md) (acquirer)
- [Allied Silica Limited](https://endata.com/companies/31191.md) (target)

## Sources

- [india.com](https://www.india.com/news/tata-chemicals-to-acquire-allied-silica-for-rs-123cr-2988809/), 2018-04-08: "Tata Chemicals today said it has signed a pact with Allied Silica Limited to acquire its precipitated silica business for Rs 123 crore on a slump sale basis."

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