Camlin Fine Sciences acquires additional 33.50% stake in Dresen

Camlin Fine Sciences announced that the company through its newly incorporated wholly owned subsidiary in Mexico namely, CFS de Mexico Blends, S.A.P.I. DE C.V. (CFS Blends), has acquired 33.50% stake from the joint venture partner in Dresen Quimica S.A.P.I. DE C.V. (Dresen) for an consideration amount of USD 8.50 million.

The company (along with CFS Blends) now holds 98.50% stake in Dresen.

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