Fairfax India picks up stake in ADI Finechem for $19 mln
Fairfax India Holdings Corp, a platform established in 2014 to make private equity and other investments in India, has acquired about 45 percent of ADI Finechem Ltd. The total consideration was about US$19 million. Based in Ahmedabad, India, ADI Finechem is a speciality oleochemical manufacturing company. The controlling shareholder of Fairfax India Holdings is Fairfax Financial Holdings Ltd, a Toronto-based financial services holding company.
9 February 2016•1 min read
