Godrej Industries has announced its acquisition of the food additives and emulsifier business from Savannah Surfactants Limited, based in Goa, for ₹76 crore. The company disclosed in a regulatory filing on Tuesday that it has entered into a Business Transfer Agreement with Savannah Surfactants to facilitate the purchase. This move will enhance Godrej Industries’ presence in the Food & Beverages segment by expanding its product portfolio in the specialty chemicals domain.
Savannah Surfactants’ facility has a production capacity of 5,200 tonnes annually. Vishal Sharma, Executive Director and CEO of Godrej Industries (Chemicals), emphasized that the acquisition aligns with the company’s strategy to bolster its specialty chemicals business and commitment to sustainable growth and innovation.
Savannah Surfactants is a prominent manufacturer specializing in the production of high-quality surfactants and specialty chemicals for a variety of industries, including personal care, home care, and industrial applications. Known for its advanced formulation capabilities and commitment to sustainability, Savannah Surfactants provides solutions that enhance the effectiveness of products such as shampoos, soaps, detergents, and cleaning agents.
The company places a strong emphasis on research and development, focusing on creating environmentally friendly and biodegradable surfactants that align with global standards for safety and sustainability. Savannah Surfactants’ state-of-the-art manufacturing facilities ensure consistent quality and meet stringent regulatory requirements, positioning the company as a trusted supplier in both domestic and international markets. By innovating with eco-friendly solutions, Savannah Surfactants is meeting the growing demand for sustainable and effective ingredients across diverse sectors.
Godrej Industries (Chemicals), established in 1963, operates from two manufacturing facilities in Maharashtra and Gujarat, along with an advanced R&D center. It serves diverse sectors, including home and personal care, oil and gas, agrochemicals, pharmaceuticals, and industrial applications.
Godrej Industries Limited is a prominent Indian conglomerate with diverse business interests spanning chemicals, agribusiness, real estate, and consumer products. Founded in 1963, the company is a key player in the specialty chemicals sector, offering innovative solutions across segments such as home and personal care, food and beverages, pharmaceuticals, agrochemicals, and industrial applications.
With state-of-the-art manufacturing facilities in Maharashtra and Gujarat and a dedicated R&D center, Godrej Industries drives innovation and sustainability in its operations. As part of the iconic Godrej Group, the company is known for its commitment to sustainable growth, technological advancements, and creating value for stakeholders while contributing to India’s industrial progress.
