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To enhance share in India Pharmaceutical market Advent International has signed a definitive agreement to acquire a majority stake in ZCL Chemicals Limited, formerly known as Zandu Chemicals Ltd.

  • ZCL is one of the fastest growing Pharmaceutical companies in India. Established in 1991, in Mumbai in India.
  • ZCL is one of the fastest growing manufacturers of specialty active pharmaceutical ingredients (APIs) and advanced intermediates.

    The prominent acquisitions and expansions by Advent International are featured below:

    Dec 2020: Advent International had signed an agreement to sell leading Danish food packaging company Faerch A/S (“Faerch”) to Danish foundation-owned holding company A.P. Møller Holding (“A.P. Moller Holding”). The transaction values Faerch at approximately $2.5 billion. Faerch is a pan-European packaging company, headquartered in Denmark, that holds leading positions in sustainable rigid packaging solutions for the food industry.

    Nov 2020: Advent International in partnership with the Colombia Securities Exchange Group (“bvc Group”), announced to acquire Sophos Solutions, a leading company in technology consulting services for the banking sector. Sophos Solutions was founded in 2006 by Indian visionaries and entrepreneurs, and since 2015, Grupo bvc has been its majority shareholder.

    Nov 2020: Nielsen Holdings plc had signed a definitive agreement under which affiliates of Advent International in partnership with James “Jim” Peck, former Chief Executive Officer of TransUnion, will acquire the Nielsen Global Connect business for $2.7 billion.

    July 2020: International private equity firms Advent International and Cinven had completed the acquisition of thyssenkrupp’s Elevator Technology business from thyssenkrupp AG. thyssenkrupp Elevator is a leading global provider of elevators, escalators, and other innovative passenger transportation solutions to customers in more than 100 countries worldwide. Headquartered in Germany, the Group has operations in more than 1,000 locations.

About Advent International
Advent International headquartered in Boston, the USA, is one of the largest global private equity investors. The company focuses on investments in five core sectors, which includes- business and financial services; health care; industrial; retail, consumer and leisure; and technology. The company has invested in over 350 private equity transactions in around 41 countries. Advent has 15 offices in 12 countries, and established a globally integrated team of over 450 investment professionals across North America, Europe, Latin America and Asia.

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