Bodo Möller ChemieGroup, a leading global specialty chemicals products and solutions provider, hasannounced the signing of an asset purchase agreement with Aqua EngineeringServices, a Bengaluru-based company, to strengthen its presence in the Indiansubcontinent and expand its capabilities in a wide range of industries mainlyAutomobile, Electronics, and Railways. Aqua Engineering Services specializes inFluid Transfer in water treatment and Industrial Adhesive chemical solutions.

This strategicacquisition is aligned with 200 million euro plus Bodo Möller Chemie’slong-term vision to deliver innovative, sustainable, and high-performancechemical solutions across industries such as automobile electronics,manufacturing, energy, and infrastructure in India and neighbouring markets.

"Indiacontinues to be a key growth market for us, and this acquisition enables us todeepen our reach and better serve regional customers with localizedexpertise," said Frank Haug, Chairman and CEO, Bodo Möller ChemieGroup.

Post-acquisition,Aqua Engineering’s customer relationships, product portfolio, and technicalresources will be integrated into Bodo Möller Chemie’s existing Indianoperations. A seamless transition plan is in place to ensure continued servicequality and business continuity.

Bodo Möller Chemieis already in India and has partnered with leading companies such as Tata,Mahindra, Bosch, HAL, and others.

Baker Tilly ASAacted as exclusive financial advisor to Bodo Möller Chemie onthis transaction. The transaction is expected to be completed by thethird quarter of 2025, subject to customary closing conditions.

“India continuesto be a key growth market for us, and this acquisition enables us to deepen ourreach and better serve regional customers with localized expertise.”

-       FrankHaug,

Chairmanand CEO,

Bodo Möller ChemieGroup.