Camlin Fine Sciences announced that the company through its newly incorporated wholly owned subsidiary in Mexico namely, CFS de Mexico Blends, S.A.P.I. DE C.V. (CFS Blends), has acquired 33.50% stake from the joint venture partner in Dresen Quimica S.A.P.I. DE C.V. (Dresen) for an consideration amount of USD 8.50 million.
The company (along with CFS Blends) now holds 98.50% stake in Dresen.
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