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CVC Cap partners agrochem veteran for chemicals play

Mint Mumbai

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February 23, 2024

European private equity firm CVC Capital, which announced the close of its sixth and latest Asia-focussed vehicle earlier this week, on Thursday said it has partnered with the agrochemical industry veteran Rajan Gajaria to invest in global chemicals and CDMO (contract development and manufacturing organizations) businesses.

- Malvika Maloo

CVC Cap partners agrochem veteran for chemicals play

The firm also appointed Gajaria as an independent director on the board of Sajjan India Ltd, an investee company of Sona Co. Pte. Ltd, an affiliate of CVC.

In his nearly three decades of experience, Gajaria has previously led crop protection, seed and digital business platforms in firms such as American agricultural chemical and seed companies Corteva Agriscience and Dow AgroSciences. Most recently, until February 2022, He was the executive vice president, Global Business Platforms at Corteva Agriscience.

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