Mumbai headquartered Calibre Chemicals (Calibre), a nutrition, pharmaceuticals and personal care  specialty chemicals company, has entered into a definitive agreement to acquire 100% shareholding  of RheinPerChemie GmbH (RPC) from Evonik, a globally leading specialty chemicals company. RPC,  located in Rheinfelden Germany, is a prominent manufacturer of ammonium and sodium persulphates  in Europe.  

Calibre is the largest manufacturer of potassium persulphate, perchlorates and iodine derivatives in  India and serves customers in over 100 countries. With this acquisition, Calibre will become a global,  full range persulphates supplier while expanding onshore presence in the European market.  

On closure, Calibre would be a front runner for Indian specialty chemical companies investing in green  electrochemical opportunities in the western world.  

Calibre’s CEO, Deepak Chander, said, “We are excited about the cultural and geographical diversity in  our functional teams. The RPC acquisition will accelerate organization learning to provide best-in-class  products and services to customers and enhance customer centricity for all our business lines in  Europe. Teams across the two continents would work together to expand our electrochemistry  capability and capacities to further improve existing products and manufacture new products as well.”    

Calibre and RheinPerChemie offerings are complementary and revenue accretive. Calibre has plans to  further strengthen manufacturing at RheinPerChemie and will also add new persulphates capacity in  other geographies.  

About Calibre 

Calibre, an Everstone Capital controlled portfolio joint venture with the Founder, Ranjit Bhavnani’s family, is a  specialty chemicals company servicing several diverse markets including nutrition, pharmaceuticals, personal &  consumer care, industrials and aerospace. Calibre is India’ largest persulphates, perchlorate and iodine  derivatives manufacturer. The company has well-entrenched customer relationships globally and has a  leadership position in green electrochemical technology. The Company demonstrably follows high standards of  environment, health, safety and regulatory compliances.  

For more information, visit www.calibrechem.com and  

About Everstone Capital  

Singapore headquartered Everstone Capital, the private equity arm of the Everstone Group, is a global firm  committed to driving economic growth and creating sustainable value. With seven offices globally (Singapore,  Mumbai, Delhi, Bengaluru, New York, Dubai and Mauritius), Everstone Capital focuses on the mid-market with  control mindset and growth bias; comprising best of breed investing, operations and strategic resources with  significant experience and skills.  

 For more information, visit www.everstonecapital.com and