Bodo Möller Chemie Group, a leading global specialty chemicals products and solutions provider, today signed an asset purchase agreement with Aqua Engineering Services, a Bengaluru-based company into pumps, valves, Fluid Transfer in water treatment, Industrial Adhesive chemical solutions, and other engineering products, to strengthen its presence in India.
This strategic acquisition is aligned with 200 million euro plus Bodo Möller Chemie’s long-term vision to deliver innovative, sustainable, and high-performance chemical solutions across industries.
“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, Bodo Möller Chemie Group. “We welcome Aqua Engineering’s team and customers into our global network.”
Frank Haug, Chairman and CEO, Bodo Möller Chemie Group
Cletus Francis, Partner, Aqua Engineering Services said, “We at Aqua Engineering Services’ are elated to be partnering with Bodo Möller Chemie. We believe it is a transition to a new phase with newer opportunities, scale and global collaboration. Aqua Engineering can fill many gaps with this asset transfer agreement.”
Post-acquisition, Aqua Engineering’s customer relationships, product portfolio, and technical resources, will be integrated into Bodo Möller Chemie’s existing Indian operations. A seamless transition plan is in place to ensure continued service quality and business continuity. Bodo Möller Chemie has partnered with leading companies such as Tata, Mahindra, Bosch, HAL and others. Quality and safety are great assets in the chemical industry, Bodo Möller Chemie Group has all its processes comply with the current international ISO standards, be it in the areas of quality management, occupational health and safety or environmental protection.
Baker Tilly ASA acted as exclusive financial advisor to Bodo Moller Chemie on this transaction. The transaction is expected to be completed by the third quarter of 2025, subject to customary closing conditions. Both companies are working closely to ensure a smooth transition for all stakeholders.
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