Ami Organics acquires 55% stake in Baba Fine Chemicals

Ami Organics Ltd acquired a 55% stake in Baba Fine Chemicals (BFC) for Rs 68.2 crore, entering the semiconductor industry. BFC manufactures specialty chemicals used in the semiconductor and electronics industry.

“Our synergies will help scale up BFC’s niche product basket given that they are the only manufacturers in the country in their product category.”cnbctv18.com

• 2 sources
• cnbctv18.comAmi Organics to foray into semiconductor industry through its latest acquisition - CNBC TV18CNBCTV18.comApr 24, 2023
• thehindubusinessline.comAmi Organics ventures into semiconductor industry - The HinduBusinessLineRutam VoraApr 25, 2023

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