Bodo Möller Chemie Group, a leading global specialty chemicals products and solutions provider, has announced signing of an asset purchase agreement with Aqua Engineering Services, a Bangalore-based company specializing in fluid transfer in water treatment and industrial adhesive chemical solutions.

Under this agreement, Bodo Möller Chemie will acquire the adhesive chemical business assets of Aqua Engineering Services, strengthening its presence in the Indian subcontinent and expanding its capabilities in a wide range of industries mainly automobile, electronics, and railways.

This strategic acquisition is aligned with Bodo Möller Chemie’s 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 neighbouring markets.

"India continues to be a key growth market for Bodo Möller Chemie, and this acquisition enables us to deepen our reach and better serve regional customers with localized expertise," said Frank Haug, Chairman and CEO, Bodo Möller Chemie Group.

"We welcome Aqua Engineering’s team and customers into our global network," added Haug.

Post-acquisition, Aqua Engineering’s customer relationships, product portfolio, and technical resources, will be integrated into Bodo Möller Chemie’s existing Indian operations. A seamless transition plan is in place to ensure continued service quality and business continuity.

The transaction is expected to be completed by the third quarter of 2025, subject to customary closing conditions. Both companies are working closely to ensure a smooth transition for all stakeholders.