Sudarshan Chemical Industries Ltd

Sudarshan Chemical divests VP4 Frankfurt for €76.5 Mn 💰

- Deal value: €76.5 Mn for 100% stake in VP4 Frankfurt GmbH

- Buyer: Celanese US Holdings LLC (for Nutrinova JV)

- Proceeds to prepay acquisition loan, target zero net debt

- FY26 revenue: €15.7 Mn, EBITDA: €4.1 Mn

- Q1FY27 revenue: €4.1 Mn, EBITDA: €1.3 Mn

- VP4 manufactures Diketene and CKP (only 5% captive use)

- Post-closing, Nutrinova to supply Diketene under long-term contract

- Divestment sharpens focus on core pigments business