Dorf-Ketal Chemicals India, a global specialty chemicals company, has acquired the water treatment business of Vasu Chemicals LLP, marking its entry into the industrial water treatment sector in India.
Vasu Chemicals is a provider of industrial water treatment solutions, offering a comprehensive portfolio of specialty chemicals, process solutions and integrated dosing systems for water treatment plants and industrial applications.
With revenues exceeding USD 35 million, Vasu Chemicals is ranked among the top three players in India, supported by technical capabilities and long-standing relationships with government and private sector customers across a diversified end-market base.
“The acquisition represents a strategic step for Dorf-Ketal to expand into adjacent, high-value specialty chemical applications, strengthen its integrated solutions offerings, deepen customer engagement, and create a scalable platform for expansion into water treatment solutions,” said Sudhir Menon, chairman and managing director of Dorf-Ketal.
“Vasu enables us to leverage our existing capabilities and worldwide footprint to scale the water treatment business to a global level. This acquisition is aligned with our long-term vision of building a diversified specialty chemicals portfolio across high-growth segments, while continuing to deliver differentiated, technology-driven solutions to customers globally,” Menon said. EY India acted as the exclusive M&A advisor to Dorf‐Ketal.
“We see potential to build on Vasu’s strong foundation and scale the business both within India and internationally. The water treatment sector is an increasingly critical part of the broader industrial ecosystem and this acquisition positions us well to participate in its long-term growth,” said Subodh Menon, founder and vice chairman of Dorf-Ketal.
“We have built a strong market position over the years through deep customer relationships, technical capabilities and a solutions-oriented approach. We believe Dorf-Ketal is an ideal partner to take this business to the next phase of growth, given its global reach and track record in scaling specialty chemical businesses,” said Tushar & Dipen Jhaveri, Co-CEO of Vasu Chemicals.
Vasu Chemicals is a provider of industrial water treatment solutions, offering a comprehensive portfolio of specialty chemicals, process solutions and integrated dosing systems for water treatment plants and industrial applications.
With revenues exceeding USD 35 million, Vasu Chemicals is ranked among the top three players in India, supported by technical capabilities and long-standing relationships with government and private sector customers across a diversified end-market base.
“The acquisition represents a strategic step for Dorf-Ketal to expand into adjacent, high-value specialty chemical applications, strengthen its integrated solutions offerings, deepen customer engagement, and create a scalable platform for expansion into water treatment solutions,” said Sudhir Menon, chairman and managing director of Dorf-Ketal.
“Vasu enables us to leverage our existing capabilities and worldwide footprint to scale the water treatment business to a global level. This acquisition is aligned with our long-term vision of building a diversified specialty chemicals portfolio across high-growth segments, while continuing to deliver differentiated, technology-driven solutions to customers globally,” Menon said. EY India acted as the exclusive M&A advisor to Dorf‐Ketal.
“We see potential to build on Vasu’s strong foundation and scale the business both within India and internationally. The water treatment sector is an increasingly critical part of the broader industrial ecosystem and this acquisition positions us well to participate in its long-term growth,” said Subodh Menon, founder and vice chairman of Dorf-Ketal.
“We have built a strong market position over the years through deep customer relationships, technical capabilities and a solutions-oriented approach. We believe Dorf-Ketal is an ideal partner to take this business to the next phase of growth, given its global reach and track record in scaling specialty chemical businesses,” said Tushar & Dipen Jhaveri, Co-CEO of Vasu Chemicals.
