CVC, a global private markets manager focused on private equity, secondaries and credit, announced a strategic partnership with Rajan Gajaria to invest in the global chemicals and CDMO (contract development and manufacturing organizations) businesses. Additionally, Gajaria joins as an independent director on the board of Sajjan India Limited, an investee company of Sona Company Pte. Ltd, an affiliate of CVC.
Gajaria’s experience in agriculture, and extensive industry network will play a pivotal role in unlocking new opportunities in the sector. As per the press release, Gajaria is an industry veteran having led crop protection, seed and digital business platforms across diverse roles in leading agrochemical firms including Corteva Agriscience and Dow AgroSciences. He is currently serving on the Boards of UPL Sustainable Agri Solutions Limited, Moleaer, True Essence Foods, Advanta Seeds and Gowan Group of Companies.
Amit Soni, Partner of CVC Advisers (India) Private Limited said, “We are delighted to be teaming up with Rajan Gajaria to invest in the global chemicals and CDMO businesses. Rajan brings a great depth of experience, and his invaluable insights, including a strong focus on environment, health and safety operations, will be instrumental in helping to drive success in CVC Funds’ existing and future investments in India, starting with Sajjan. His commitment and passion combined with his expertise in the global agrochemicals industry will resonate well with Sajjan’s vision to create more innovative solutions for its global customer base”.
Rajan said, “The strategic partnership with CVC unlocks exciting possibilities for growth investments in global chemicals and CDMO businesses. Joining the board of Sajjan India provides me with an opportunity to contribute and work with a talented team and leverage our combined power. This new role marks an exciting chapter in my journey. I am committed to leveraging my experience and industry insights to steer Sajjan India to new heights and set new benchmarks in the chemical industry”.
