Mergers & Acquisitions: Project Industrial Starch– Exclusive Mandate with ASPERA International LLP (India)
Project Industrial Starch was incorporated in 2010 & is engaged into manufacturing, trading, distributing, wholesaling and exporting of Modified Starch Sizing Agents. Manufacturing Functional Food Ingredients, Physically and Chemically Modified Starches. In FY 2017, it also ventured into manufacturing and retailing of instant and ready-mix products under its own brand name. The product range encompasses tapioca starch, potato starch and corn starch amongst others. These products find application in various segments viz. Textile (70%), food (15%), pharmaceutical, nutraceuticals, cosmeceuticals, paper, packaging, oil, drilling and biopolymers (15%). Project Industrial Starch caters to the domestic as well as the international markets. The Headquartered Southern India & has a manufacturing unit at the aforesaid location.
Client : Will be disclosed on signing the NDA
Sales Turn Over : $ 5.6 Mn
EBITDA : 22%
Strategic Intent :
• Project Industrial Starch is a rapidly growing in the market with its existing capabilities.
• There is a huge market available to penetrate and develop.
• Project Industrial Starch is looking for Equity & Strategic partner to participate in the growth endeavor and to capitalize maximum profitability in this high-demand market.
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