CFI advised Stylam Industries on its acquisition of shares of Golden Chem-tech

Mumbai – CFI India acted as the exclusive corporate finance advisor to Stylam Industries Limited on the acquisition of shares of Golden Chem-tech Limited.

Stylam Industries Limited manufactures and sells laminates for residential and industrial applications in India. The company offers high pressure, decorative, post forming, and antistatic laminates, as well as door skins, adhesives, and exterior cladding panels and floor boards under the Stylam brand name. It exports its products to approximately 60 countries worldwide. Stylam Industries Limited was founded in 1991 and is based in Chandigarh, India.

Golden Chem-tech Limited is a public company, incorporated in October 1995. It is classified as a Non-Government company and is registered at Registrar of Companies, Chandigarh. It is involved in the manufacturing of chemical products.

CFI India was hired to provide assistance in formulating the scheme of amalgamation and provide fair opinion on the swap ratio. We had discussions with the management and transaction advisors of the company to understand the Scheme of Amalgamation and calculation for determination of the swap ratio.

The transaction closed in September 2017.