Bodo Möller Chemie Announces Purchase Agreement with Aqua Engineering Services
From left to right : Gunderao Manurkar, managing director, Bodo Möller Chemie India ; Cletus Francis, executive director, Aqua Engineering Services ; Manish Singhal, sales director, Bodo Möller Chemie India ; Frank Haug, Group CEO, Bodo Möller Chemie Group. Image courtesy of Bodo Möller Chemie.
Bodo Möller Chemie Group has signed an asset purchase agreement with Aqua Engineering Services, a Bengaluru, India-based company, to strengthen its presence in the Indian subcontinent and expand its capabilities in a wide range of industries, including automotive, electronics, and railway. Aqua Engineering Services specializes in fluid transfer in water treatment and industrial adhesive chemical solutions. The transaction is expected to be completed by the third quarter of 2025, subject to customary closing conditions.
According to Bodo Möller Chemie Group, the acquisition aligns with the company’s over €200 million long-term vision to deliver innovative, sustainable, and high-performance chemical solutions across industries such as automobile electronics, manufacturing, energy, and infrastructure in India and neighboring markets.
"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, Group CEO of Bodo Möller Chemie. "We welcome Aqua Engineering’s team and customers into our global network."
Cletus Francis, executive director at 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 transition plan is in place to ensure continued service quality and business continuity. Bodo Möller Chemie is already present in India and has partnered with leading companies such as Tata, Mahindra, 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.
Find more information about Bodo Möller Chemie at www.bm-chemie.com.
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