# India Glycols to sell 51% stake in specialty chemicals business to Clariant International

India Glycols has approved selling a 51% stake in its specialty chemicals business to Clariant International. The business will be transferred to a wholly-owned subsidiary, IGL Green Chemicals, and then 51% will be sold to Clariant. The announcement was made on March 12, 2021.

- Type: Acquisition
- Announced: 2021-03-12
- Where: India
- Status: announced
- Products: specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [India Glycols Limited](https://endata.com/companies/53778.md)
- [Clariant International Ltd.](https://endata.com/companies/22219.md) (acquirer)

## Sources

- [cnbctv18.com](https://www.cnbctv18.com/business/india-glycols-approves-selling-51-in-specialty-chemicals-biz-to-clariant-international-8576071.htm), 2021-03-12: "India Glycols had informed exchanges that it has approved selling off about 51 percent stake when it comes to the specialty chemicals business of the company."

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