Bär & Karrer advises IMPAG on Broadways Chemtech acquisition

Bär & Karrer has advised Zurich-based IMPAG Group on the acquisition of Mumbai-based Broadways Chemtech and the establishment of IMPAG India, the group’s entry into the Indian market.

Deal details

IMPAG Group is an international distribution and service company for specialty chemicals and raw materials, serving the life science and material science industries. Through the transaction, it acquired Broadways Chemtech and set up IMPAG India as its local entity. The deal adds a local presence in India to IMPAG’s European platform and strengthens its international supplier and customer relationships.

Broadways Chemtech is a distributor of specialty and performance chemicals. Its activities cover construction chemicals, coatings and selected industrial applications.

Advisers and team

The Bär & Karrer team was led by Raphael Annasohn (pictured) and included Julian Lindt for M&A, Martin Leu and Donjeta Beka for tax, and Thomas Stoltz, Kevin Kögler and Carolina Rodig for notarial services.