# RadiciGroup acquires engineering plastics business of Ester Industries in India

RadiciGroup acquired the engineering plastic business of Ester Industries Ltd. in India for around €35 million, strengthening its local presence.

- Type: Acquisition
- Announced: 2022-12-22
- Where: India
- Value: $37.0M (35.0M EUR)
- Status: completed
- Products: engineering plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Ester Industries](https://endata.com/companies/13820.md) (target)
- [RadiciGroup](https://endata.com/companies/17118.md) (acquirer)

## Sources

- [polymerguru.blogspot.com](https://polymerguru.blogspot.com/2022/12/2022-mergers-and-acquisitions-that-made.html), 2022-12-22: "RadiciGroup announced this important action aimed at strengthening its internationalization strategy, with an investment of around 35 million euros."

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