JB Chemicals Expands to US, Russia & South Africa with Torrent Pharma Acquisition
Deal News | Jun 30, 2025 | EIN
Torrent Pharmaceuticals is set to acquire JB Chemicals and Pharmaceuticals in a landmark deal, marking its largest acquisition to date, with a total value of approximately 19,500 crore. The acquisition, which involves buying out private equity firm KKR's stake, will not only enhance Torrent's presence in the Russian, US, and South African markets but also provide a critical entry into new therapeutic areas such as ophthalmology and IVF in India. The transaction, expected to be completed within 15-18 months, will culminate in JB Chemicals being merged into Torrent. During an investor call, Torrent's management detailed their strategic plans, highlighting the expected completion period of between January and March 2026, setting the stage for significant growth and expansion in international markets.
Sectors
- Pharmaceuticals
- Private Equity
Geography
- India – Target and acquiring companies are headquartered in India, and the acquisition strategy includes an expansion of operations within India, particularly in new therapy areas.
- United States – The acquisition aims to expand Torrent Pharmaceuticals' presence in the US market.
- Russia – The deal provides Torrent Pharmaceuticals with an opportunity to increase its market footprint in Russia.
- South Africa – Part of the acquisition strategy includes expanding Torrent Pharmaceuticals' presence in the South African market.
Industry
- Pharmaceuticals – The acquisition involves two pharmaceutical companies, Torrent Pharmaceuticals and JB Chemicals and Pharmaceuticals, highlighting the strategic importance of expanding in the industry.
- Private Equity – Involvement of private equity firm KKR, which is being bought out as part of the acquisition, underlines the role of private equity in pharmaceutical investments.
Financials
- 19,500 crore – Total deal value for the acquisition of JB Chemicals and Pharmaceuticals by Torrent Pharmaceuticals.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Torrent Pharmaceuticals | Acquiring Company | Company | An Indian pharmaceutical company purchasing JB Chemicals and Pharmaceuticals to enhance its product lineup and geographical reach. |
| JB Chemicals and Pharmaceuticals | Target Company | Company | The pharmaceutical company being acquired by Torrent Pharmaceuticals, with operations that will expand Torrent's market reach. |
| KKR | Selling Company | Company | The private equity firm whose stake in JB Chemicals is being purchased by Torrent Pharmaceuticals as part of the acquisition. |