Dorf Ketal eyes USD 1.6  billion Italmatch Chemicals acquisition

Mumbai, India-based speciality chemicals manufacturer Dorf Ketal is in advanced negotiations to acquire Italy’s Italmatch Chemicals SpA from majority owner Bain Capital for approximately USD 1.6  billion. Morgan Stanley is advising Dorf Ketal on the deal. In January 2025, F+L Daily reported that Boston, Massachusetts, U.S.A.-based Bain Capital was exploring the potential sale of…

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