Anupam Rasayan CEO details Jayhawk acquisition synergies & growth path

• Anupam Rasayan is acquiring 100% of US-based Jayhawk Fine Chemicals for $150 million, aiming to become a global specialty chemical company.
• The acquisition is funded by $40M from Anupam Rasayan and $110M via a quasi-equity structure from a global financial institution, granting Anupam full control.
• Strategic benefits include near-shoring, access to niche chemistries (oxidation, Suzuki), and rebalancing the business mix, with performance materials rising to 35% of revenue.
• Anupam expects to improve Jayhawk's margins (currently 20%) by leveraging its underutilized manufacturing site and tapping into high-growth markets like aviation and semiconductors.
• The deal is not expected to significantly increase Anupam Rasayan's debt, and Jayhawk's experienced management team is considered a major asset.

Why It Matters: The deal boosts Anupam Rasayan's global specialty chemical presence and growth.