KKR-backed JB Chemicals scouts for acquisitions, plans to revamp business

KKR-backed JB Chemicals, the owner of marquee brands such as Rantac and Metrogyl, is scouting for acquisitions — of a portfolio of brands, or a company altogether. 

After the Mody family sold the company to private equity player KKR last year, the new management is trying to revamp the business. With the former Cipla head at the helm, JB Chemicals now plans to diversify into paediatrics and respiratory. 

Speaking to Business Standard, Nikhil Chopra, CEO and whole-time director of JB Chemicals, said: “We are looking for acquisitions — of a portfolio of brands or a small firm — that would