Acquisitions30 Nov 2025, 06:01 pm
Camlin Fine Sciences Acquires Majority Stake in Vinpai for ₹ 101.7 Crores
AI Summary
Camlin Fine Sciences Ltd has acquired a majority stake in Vinpai, a French société anonyme, for a consideration of ₹ 101.7 Crores. The acquisition was done through a preferential issue of equity shares to the proposed allottees/investors, in accordance with the terms of the share purchase agreement dated February 24, 2025. Vinpai is an ingredien'tech company specializing in the design, manufacture and marketing of algae, plants, mineral and fiber-based functional ingredients. The acquisition is expected to provide an interesting avenue for increasing the basket of Camlin's existing product range, usage of technology to improve the quality and yields of the existing products, and entry into new technological advancements.
Key Highlights
- Camlin Fine Sciences has acquired a majority stake in Vinpai, a French société anonyme, for a consideration of ₹ 101.7 Crores.
- The acquisition was done through a preferential issue of equity shares to the proposed allottees/investors.
- Vinpai is an ingredien'tech company specializing in the design, manufacture and marketing of algae, plants, mineral and fiber-based functional ingredients.
- The acquisition is expected to provide an interesting avenue for increasing the basket of Camlin's existing product range, usage of technology to improve the quality and yields of the existing products, and entry into new technological advancements.
- Vinpai has a subsidiary namely Based Algae and Plants, and has a presence in Europe, North Africa, West Africa, and South-east Asia.