· Semiconductor & Electronics · Source: thehindubusinessline.com

Surat-based Acutaas subsidiary acquires 75% of South Korea’s Indichem, eyes ₹200 cr capex

Acutaas Chemicals’s subsidiary Acutaas Advance Material Ltd has acquired a 75% controlling stake in South Korea-based Indichem Inc, marking its entry into semiconductor chemicals manufacturing. The deal strengthens Acutaas’ global footprint, with Indichem becoming a step-down subsidiary under the executed joint venture agreement.

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