Novopor Advanced Science Private Limited, a global overall performance chemicals CDMO backed via Bain Capital, has obtained US-based totally specialty chemical producers FAR Chemical from its parent corporation, CPS Performance Materials Group.
Novopor’s acquisition of FAR Chemical signifies a planned milestone in forming an incorporated, end-to-end specialty chemicals platform, covering from initial-stage Evolution to industrial-scale production. By incorporating FAR Chemical’s specialization in complex chemistries, Novopor reinforces its portfolio in eye-catching end markets at the same time as broadening its footprint in the US.
“FAR Chemical’s deep specialization in differentiated, complex chemistries and long track report of operating with global performance chemical and material science corporations make it a tactical fit with Novopor’s venture to lead breakthrough and supply custom solutions. This acquisition improves our potential to assist a broader variety of chemistries, boost up time-to-market for brand new products, and reinforce our appearance in main high-developed markets,” stated Radhesh Welling, MD of Novopor Advanced Science Private Limited.
“FAR Chemical is a reputable operator with a verified track record in complex specialty chemical production. The integration of FAR Chemical with Novopor reinforce the platform’s technical depth, geographic attain, and ability to help customers throughout the full product lifecycle. This funding underlines our endured dedication to creating marketplace-main businesses by strategic acquisitions and operational excellence,” stated Saahil Bhatia, Partner of Bain Capital.
“FAR Chemical and CPS Performance Materials have set up a distinct platform grounded in deep technical specialization, an uncompromising dedication to protect, and a robust track report of supplying over progressive solutions for customers with specific and challenging development requirements,” stated Justin O’Connor, President of FAR Chemical.
“This partnership reinforce our ability to invest in advanced capabilities while retaining the very best standards of protection and operational discipline and improve our capability to help customers effortlessly from development by industrial-scale production. We are proud to enroll in Novopor in forming a platform defined via technical excellence, a protection-first culture, and an unwavering commitment to our customers.”
Novopor Advanced Science is actively implementing a strategic boom plan targeted on increasing its technical capabilities and global footprint by focused acquisitions and infrastructure investment. In 2025, the corporation reinforced its US presence by way of obtaining Pressure Chemical Company (PCC), a Pittsburgh-based specialist in high-pressure chemistry and complicated production.
Moreover, Novopor opened a advanced pilot plant in Visakhapatnam to optimize the transition from R&D to industrial production, rushing up innovation in specialty materials, overall performance chemicals and agrochemicals.
KPMG served as financial advisors, Alvarez & Marsal served as technical advisors, and Honigman LLP, Khaitan & Co and Clifford Chance LLP served as felony advisors to Novopor. Raymond James, Forvis Mazars and Thompson Hine LLP served as advisors to FAR Chemical.
