Porus Labs, manufacturer of agricultural and specialty chemicals, announced partnership with Radhesh Welling. Welling will join the board and take over as the new Chief Executive Officer (CEO). Welling will build on Porus’ strengths in research and development, process innovation and deep customer relationships to drive growth in new products and chemistries that will serve both existing and new customers.
As per the press release, Welling has a nearly thirty-year track record of building and leading innovative, high-performance specialty chemicals companies internationally. He has worked with Navin Fluorine, where he served as Managing Director and Group CEO. He has also worked with the US based J.M.Huber Corporation.
Commented Welling, “I am happy to join Porus Labs, a true multi-generational business renowned for its innovation and leadership in contract manufacturing and speciality chemicals. This is a once-great opportunity to partner with Bain Capital to deliver immense value to our international customers. Together, we will invest to further strengthen and expand the platform by creating new chemistries and helping our customers grow faster”.
“Speciality chemicals is a unique and complex industry, and we’re thrilled to partner with an experienced leader like Radhesh to help realise the company’s global growth aspirations,” said Pawan Singh and Rishi Mandawat, Partners at Bain Capital. They added, “We’re aligned both in our vision for Porus Labs, and the opportunities, organically and via acquisitions, to realize those aspirations. This is a true inflection point where we can deploy our experience building global chemicals companies to form a complementary partnership with Radhesh”.
