Bodo Möller Chemie Group, a global player in specialty chemical products and solutions, signed an asset purchase agreement with Bengaluru-based Aqua Engineering Services. The move strengthens the Group’s footprint in the Indian subcontinent and expands its capabilities across key industries, including automotive, electronics, and railways. Aqua Engineering Services brings expertise in fluid transfer for water treatment and industrial adhesive chemical solutions, aligning perfectly with Bodo Möller Chemie’s growth strategy.
Strategic Move for Sustainable Growth
Valued at over €200 million, the group’s operations are driven by a long-term vision of delivering innovative, sustainable, and high-performance chemical solutions. The acquisition enhances its ability to serve India and neighbouring markets, supporting industries such as manufacturing, energy, and infrastructure. “India continues to be a key growth market for us, and this acquisition enables us to deepen our reach and better serve regional customers with localized expertise,” said Frank Haug, Chairman and CEO of Bodo Möller Chemie Group.
A New Chapter for Aqua Engineering
Cletus Francis, Partner at Aqua Engineering Services, shared, “We are elated to partner with Bodo Möller Chemie. This marks a new phase of growth, unlocking opportunities for scale and global collaboration. Our capabilities will seamlessly integrate into Bodo Möller Chemie’s operations, bridging gaps and creating value.”
Ensuring Seamless Integration
Bodo Möller Chemie will fully integrate Aqua Engineering’s customer relationships, product portfolio, and technical resources into its Indian operations. A seamless transition plan is in place to ensure service quality and business continuity for all stakeholders. The company already collaborates with leading Indian companies such as Tata, Mahindra, Bosch, and HAL. The Group adheres to international ISO standards, ensuring the highest levels of quality management, occupational health and safety, and environmental protection.
Transaction Timeline and Advisory
According to the press release, Bodo Möller Chemie appointed Baker Tilly ASA as its exclusive financial advisor. The companies expect to close the transaction by the third quarter of 2025, pending customary regulatory approvals and closing conditions. Both companies have committed to ensuring a smooth and efficient integration process.
