Godrej Consumer Products acquires remaining 25% stake in Canon Chemicals

Godrej Consumer Products Ltd acquired the balance 25% stake in Kenya-based Canon Chemicals Ltd through its step-down firm Godrej East Africa Holdings Ltd, making Canon Chemicals a wholly-owned subsidiary. The transaction closed on May 15, 2020 for an undisclosed sum.

“The Company through its wholly-owned subsidiary, has acquired the balance 25 per cent stake in Canon Chemicals Limited.”latestly.com

• 1 source
• latestly.comGCPL Acquires Balance 25% Stake in Kenya-based Canon ChemicalsPTIMay 15, 2020

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