Anupam Rasayan Makes a Major Global Push With $150 Million Jayhawk Acquisition

Anupam Rasayan India Ltd. has announced a major step in its global expansion by acquiring US-based Jayhawk Fine Chemicals Corporation for about $150 million. The deal covers both the company's equity and its existing debt, bringing the enterprise value to roughly $134 million after accounting for Jayhawk's cash reserves.

The company plans to fund the transaction through a mix of internal accruals, debt, and support from a global investment manager with more than $100 billion in assets. Anupam Rasayan noted that the acquisition is expected to be accretive to its earnings per share, signaling confidence in the future business contribution from Jayhawk.

This marks Anupam Rasayan's first manufacturing presence in the United States, giving it immediate access to key global customers and a strong operating base in a mature market. Jayhawk brings decades of expertise along with solid customer relationships in high-value chemical segments. The move strengthens Anupam's international footprint and supports its long-term goal of becoming a more integrated global specialty-chemicals supplier.

A major highlight of the acquisition is Jayhawk's portfolio of dianhydrides and polyimide intermediates. These are essential materials used in semiconductors and other advanced electronic applications. With demand rising in high-performance electronics, aviation and specialty materials, the addition of Jayhawk's technology and capabilities fits cleanly into Anupam Rasayan's strategic roadmap.

The company has been working over the years to strengthen its supply chain and manufacturing depth. Earlier moves, such as acquiring Tanfac Industries, helped secure key raw materials and enhance backward integration, especially in fluorination chemistry. By acquiring Jayhawk, Anupam now moves further up the value chain into more advanced chemistries and "N-1" molecules that sit closer to end-user applications.

Managing Director Anand Desai described the acquisition as a transformative milestone. He highlighted the strong synergy between Jayhawk's established US operations and Anupam's cost-efficient and integrated manufacturing base in India. Together, the combined capabilities are expected to accelerate innovation, expand offerings and support customers across sectors including semiconductors, aerospace and electronics.

From Jayhawk's side, CABB Group leadership acknowledged the strong history of the US business and said the sale aligns with their strategy to focus more deeply on pharma and life-sciences specialties. They expressed confidence that Anupam Rasayan is well-positioned to guide Jayhawk into its next phase of growth.

With this acquisition, Anupam Rasayan not only broadens its product mix across agrochemicals, pharmaceuticals, personal care and polymer additives, but also strengthens its position as a serious global contender in specialty and performance chemicals.