# Alphagary acquires majority stake in Shakun Polymers

Alphagary, an Orbia business, announced it will acquire majority share ownership of Shakun Polymers Private Limited, a market leader in compounds for wire and cable markets in Asia and Africa.

- Type: Acquisition
- Announced: 2021-05-13
- Where: India
- Status: announced
- Products: halogen-free flame-retardant compounds, PVC-based compounds, semi-conductive compounds, cross-linkable compounds
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Orbia](https://endata.com/companies/21178.md) (investor)
- [Orbia](https://endata.com/companies/21178.md) (partner)
- [Alphagary](https://endata.com/companies/55085.md) (acquirer)
- [Shakun Polymers](https://endata.com/companies/55086.md) (target)

## Sources

- [alphagary.com](https://www.alphagary.com/post/alphagary-orbia-partners-with-shakun-polymers), 2021-05-13: "Alphagary, a global leader in the design and manufacture of specialty polymer compounds and a division of Orbia’s Polymer Solutions business group, announced today that it will partner with Shakun Polymers and acquire majority share ownership of Shakun Polymers Private Limited."
- [businesswire.com](https://www.businesswire.com/news/home/20210513005671/en/Alphagary-an-Orbia-Company-Acquires-Majority-Share-Ownership-in-Shakun-Polymers-Private-Limited-in-India), 2021-05-13: "Alphagary, a global leader in the design and manufacture of specialty polymer compounds and a division of Orbia’s Polymer Solutions business group, announced today that it will acquire majority share ownership of Shakun Polymers Private Limited"

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