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calendar 25 February, 2025 17:18:01 IST

Pennwhite acquires defoamer business of Sicagen India

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PennWhite India Pvt. Ltd. (PWI), a wholly owned subsidiary of PennWhite Ltd., UK), has announced the successful acquisition of the Defoamer Business of the Speciality Chemicals Division of Sicagen India Ltd., effective February 14. 2025.

PWI is the Indian subsidiary of Middlewich (UK)-based PennWhite Ltd., a leading manufacturer of antifoam chemistry under the FoamDoctor brand. The UK entity was acquired in November 2022 by Manali Petrochemicals Ltd. (MPL), India’s only integrated manufacturer of polyols and a part of AM International, Singapore. In February 2024, an Indian subsidiary of the UK firm was incorporated to enhance and accelerate the business development in the Indian market.

Sicagen has expertise in the development, manufacture and sale of defoamer solutions to the fertiliser segment. Intellectual property rights and the existing book-of-business are included in the sale. No assets or staff are included.

“This acquisition of defoamer business by our Indian subsidiary is the first step of our longer-term plan to invest in the potential of the Indian market. PennWhite Limited, UK have a 40-year long history of bringing innovative foam control solutions to the most demanding international customers, with products made to the most demanding international standards, and are committed to bring this value proposition to Indian customers, including those customers of the newly acquired business,” said Mr. Tobias Tasche, CEO, PennWhite (UK) and Director, of PennWhite India.

 

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