# DSM to acquire SRF Ltd.'s Engineering Plastics business in India

Royal DSM has agreed to acquire SRF Ltd.'s Engineering Plastics business, a specialty materials player in India, for INR 3.2 billion (about €38 million). The acquisition is expected to close in Q3 2019.

- Type: Acquisition
- Announced: 2019-05-13
- Where: Pantnagar, India
- Value: $42.5M (38.0M EUR)
- Status: announced
- Products: engineering plastics, specialty materials
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Automotive Components](https://endata.com/sectors/automotive-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Royal DSM](https://endata.com/companies/5677.md) (acquirer)
- [SRF Limited](https://endata.com/companies/12886.md) (target)

## Sources

- [our-company.dsm-firmenich.com](https://our-company.dsm-firmenich.com/en/our-company/news/press-releases/legacy-archive/2019/19-19-dsm-expands-in-india-with-acquisition-of-srf-ltds-specialty-materials-business.html), 2019-05-13: "The acquisition will further cement DSM Materials’ position in India as the leading player in, among other things, engineering plastics in this fast-growing economy."

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