India, March 4 -- Sudarshan Chemical Industries Limited announced that through its wholly owned subsidiary Sudarshan Europe B.V., it has completed its previously announced acquisition of Germany-based Heubach Group in a combination of an asset and share deal.

This strategic acquisition creates a global pigment leader, bringing together SCIL's operations and expertise with Heubach's technological capabilities.

It will enhance SCIL's product portfolio, giving it access to a diversified asset footprint across 19 international sites.

Rajesh Rathi will lead the combined company as Managing Director and Chief Executive Officer alongside a high-performing leadership team with techno-managerial competencies.

Heubach has a 200-year-old history...