Specialty chemicals distributor Safic-Alcan has taken a majority stake in SA Ingredients Private Limited (SAI), reinforcing its push into India’s fast-developing Life Sciences marketplace.
The deal provides SAI — a main distributor providing pharmaceutical and nutraceutical producers — into the Safic-Alcan Group’s expanding Asia footprint.
Founded in 2023 after a demerger from S.A. Pharmachem Private Limited (SAP), SAI builds on a legacy dating back to 1992 and is based in Mumbai. The company provides specialty ingredients to more than 400 customers and works with global principals, guided via a team of over 30 employees.
Yann Lissillour, CEO of the Safic-Alcan Group, stated, “This acquisition is a main step in Safic-Alcan’s method to continue our expansion in Asia and to strengthen our Life Sciences platform.
“India persist to show robust GDP growth and represents an essential relay of development for our Group. SA Ingredients brings us a noticeably complementary footprint to our current funding in Avees Biocos, with robust expertise in probiotics, pharmaceutical excipients and nutraceutical ingredients.”
The company sees India as a important pillar of its regional growth strategy, specifically in high-demand segments which include probiotics.
“SA Ingredients flawlessly complements our existing presence in India and reinforces our Life Sciences providing across the Asia Pacific region. The probiotics market alone is predicted to increase 20% year by year, and SAI is exceedingly well-placed to capture this growth with its long-standing relationships with main principals.
“Together, we can bring even more specialized solutions and offerings to our clients and principals,” added Laurent Nataf, Managing Director M&A for Safic-Alcan Group.
For SAI, the deal marks a big scale-up opportunity backed via global player.
“We are very thrilled to join the Safic-Alcan Group. This partnership offers S.A. Ingredients with the worldwide community, assets and expertise to increase our growth approach and deliver greater value to our customers and suppliers.
“We look ahead to constructing on the strong foundations we have established since 1992, now with the backing of a world-class specialty chemicals distributor. Our team and our commitment to service will stay precisely as earlier than” added Gaurav Kabra, Managing Director of SA Ingredients.
The acquisition highlights Safic-Alcan’s accelerating investment drive in Asia, because it builds a larger Life Sciences platform spanning pharmaceuticals, nutraceuticals, and specialty ingredients across the region.
