 "Fragrance & flavour maker S H Kelkar buys Rasiklal Hemani Agencies for Rs 28 cr")
SH Kelkar & Company Ltd, the Mumbai-based manufacturer of flavour, fragrances & aroma ingredients, has acquired rights for fragrance encapsulation technology (FET) from Tanishka Products, a microencapsulation technology specialist. The acquisition will enable the SH Kelkar to offer differentiated fragrance products and systems.
“The board of S H Kelkar & Company Ltd considered and approved the proposal to acquire and develop the intellectual property (IP) in fragrance encapsulation technology (FET) held by Tanishka Products (TP), a partnership firm set up in 2012. TP is into business of manufacture and sale of micro-encapsulated fragrances. The acquisition would be done through one of
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