Ganguly leads Caibre’s R&D activities following Bengaluru lab acquisition
Supported by Singapore-headquartered investor Everstone Capital, Calibre Chemicals with plants in India and Germany, has reached an agreement to acquire laboratory and product development business of the Bengaluru-based Tina Life Sciences.
With this immediate acquisition, Calibre has taken a step forward to further enhance its R&D capabilities, especially in the field of complex organic chemistry.
Calibre will enhance the pace of new product development and the breadth of its Custom Development and Manufacturing (CDMO) Service offerings.
Dr. Pintoo Ganguly, an accomplished chemist having diverse experience in developing products and processes in the Indian chemical industry, would lead Caibre’s R&D activities.
“We are excited to accredit broader and newer R&D capabilities and welcome Dr. Ganguly and his team to Calibre family,” Deepak Chander, CEO of Calibre Chemicals, said on 10 April 2023.
“Our collective expertise and knowledge of organic synthesis, electrochemistry, process development and manufacturing excellence, will enable us in serving our valued customers better.”
Calibre R&D centre is based in Bengaluru and another laboratory-cum-pilot-plant at manufacturing facility in Sarigam, Gujarat.
Calibre, an Everstone Capital controlled portfolio joint venture with the Founder Ranjit Bhavnani’s family, is one of India’s largest persulphates, perchlorate, and iodine derivatives manufacturer.
The company has well-entrenched customer relationships globally and is amongst green electrochemistry leaders. It has plants in India and Germany.
Tina Life Sciences is an innovation-driven solution provider for the Life Science and Specialty chemicals industry.
Singapore-headquartered Everstone Capital, the private equity arm of the Everstone Group, is a global firm committed to driving economic growth and creating sustainable value. With seven offices globally (Singapore, Mumbai, Delhi, Gurgaon, New York, Dubai and Mauritius), Everstone Capital focuses on the mid-market with control mindset and growth bias; comprising best of breed investing, operations and strategic resources with significant experience and skills. fiinews.com
