India’s Eternis Acquires Tennants Fine Chemicals

Indian aroma chemicals producer Eternis has acquired the UK’s Tennants Fine Chemicals and its wholly owned subsidiaries in Singapore and Shanghai, China, for an undisclosed sum. The deal is Eternis’ first acquisition outside of India.

“The addition of this large independent, high-end manufacturer enhances our business and brings with it many strategic advantages,” said Eternis managing director Rajen Mariwala. “We will now have established operations in Europe and Asia, with the ability to service our customers from stock hubs and partners. The combined product offer will position us well for further growth. In many respects, a perfect fit.”

Billy Gittins, managing director of Tennants Fine Chemicals, added: “Our combined manufacturing footprint across two key regions will offer better security of supply. Our regional service strategy in China and SE Asia has proved beneficial and will be further strengthened with the addition of Eternis’ products.”

Eternis was formerly known as Hindustan Polyamides and Fibres until 2015. Headquartered in Mumbai, the company operates three production plants in Maharashtra with a total capacity of more than 40,000 t/y of aroma chemicals. Its first acquisition was in June 2018 with the addition of India’s Aims Impex, a leading manufacturer of coumarin.

Author: Ellaine Burridge, Freelance Journalist

Indian aroma chemicals producer Eternis has acquired the UK’s Tennants Fine...
Indian aroma chemicals producer Eternis has acquired the UK’s Tennants Fine Chemicals and its wholly owned subsidiaries in Singapore and China, for an undisclosed sum. The deal is Eternis’ first acquisition outside of India, following the purchase of Aims Impex in June 2018. (c) Eternis

Free Virtual Event

Sustainability in Bioprocessing
Bioprocess Forum

Sustainability in Bioprocessing

Join us to explore hot topics in sustainable bioprocessing like the industrial potential of enzymatic synthesis, innovative biocatalysis techniques, and the use of digital twins in bioprocessing.

CHEManager Spotlight

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics
Creating Interfaces

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics

CHEManager Spotlight is an exclusive event tailored for practitioners and decision-makers in the chemical industry. This part of our event series delves into the latest trends and innovations in logistics to streamline your operations and drive efficiency.