Tata Chemicals acquires Novabay to enhance specialty portfolio
after close1 source ↓written by the desknot a recommendation
- in Novabay
- 100% equity stake
Tata Chemicals has acquired Novabay Pte. Limited to strengthen its specialty chemicals segment, focusing on premium-grade sodium bicarbonate. The acquisition, executed through Tata Chemicals International Pte. Limited, involves a 100% equity stake in Novabay. This move aims to expand Tata Chemicals' portfolio beyond traditional commodity products and enhance its market position globally.
Not investment advice. For informational purposes only.