{"id":14417,"date":"2019-01-08T14:45:43","date_gmt":"2019-01-08T14:45:43","guid":{"rendered":"http:\/\/faceinews.com\/?p=14417"},"modified":"2019-01-08T14:45:43","modified_gmt":"2019-01-08T14:45:43","slug":"sathguru-management-consultants-advises-pravesha-industries-to-divest-majority-stake-in-crest-cellulose-to-roquette-freres-sa","status":"publish","type":"post","link":"https:\/\/www.faceinews.com\/?p=14417","title":{"rendered":"Sathguru Management Consultants advises Pravesha Industries to divest majority stake in Crest Cellulose to Roquette Freres, SA"},"content":{"rendered":"<p><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2019\/01\/image001.jpg\" rel=\"attachment wp-att-14418\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-14418\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2019\/01\/image001.jpg\" alt=\"image001\" width=\"324\" height=\"184\" srcset=\"https:\/\/www.faceinews.com\/wp-content\/uploads\/2019\/01\/image001.jpg 324w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2019\/01\/image001-300x170.jpg 300w, https:\/\/www.faceinews.com\/wp-content\/uploads\/2019\/01\/image001-128x72.jpg 128w\" sizes=\"auto, (max-width: 324px) 100vw, 324px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" rel=\"attachment wp-att-7654\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-7654\" src=\"http:\/\/faceinews.com\/wp-content\/uploads\/2017\/11\/Faceinews-Logo-Copy.png\" alt=\"Faceinews Logo - Copy\" width=\"173\" height=\"43\" \/><\/a><br \/>\nChennai, January,\u00a0 2019: Sathguru Management Consultants, the Hyderabad based management consultancy today announced that they have exclusively advised Pravesha Industries Private Limited (\u201cPravesha\u201d) for divestiture of majority stake in its subsidiary Crest Cellulose Private Limited (\u201cCrest\u201d) to Roquette Freres SA (\u201cRoquette\u201d).<br \/>\nThe creation of this joint-venture will reinforce Roquette\u2019s position as a major supplier to the pharmaceutical industry and a global leader in superior natural-based pharmaceutical excipients. The addition of Crest Cellulose\u2019s know-how and production capabilities to Roquette\u2019s strong expertise and track-record in the pharmaceutical excipients market will create new opportunities for both Roquette\u2019s and Crest Cellulose\u2019s customers and employees as the companies both share a commitment towards innovation, quality and excellence.<br \/>\nSathguru Management Consultants anticipates continued M&amp;A momentum in the $33 billion pharmaceutical sector across segments. The Indian pharmaceutical sector is large and fast-growing and the size of this market which was estimated at US$ 33 billion in 2017 and is growing at over 10% per year. API, excipients and specialty inputs will be a particularly attractive segment for both domestic and international investors given the high level of shortage, criticality of backward integration for formulation suppliers and Chinese supply disturbances.<br \/>\nThe transaction will allow Roquette to expand its product portfolio and leverage Crest\u2019s robust infrastructure and superior production capabilities to enhance its geographic presence in Asia and address a global growing market.<br \/>\nRoquette is a global leader in specialty food ingredients and pharmaceutical excipients with a presence in 100 countries and turnover of around 3.3 billion euros.<br \/>\nCrest manufactures pharmaceutical excipients in a state-of-the-art manufacturing plant in Andhra Pradesh, India. It is a wholly-owned subsidiary of Pravesha Industries, which offers packaging and printing services to global pharmaceutical companies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Chennai, January,\u00a0 2019: Sathguru Management Consultants, the Hyderabad based management consultancy today announced that they have exclusively advised Pravesha Industries Private Limited (\u201cPravesha\u201d) for divestiture of majority stake in its subsidiary Crest Cellulose Private Limited (\u201cCrest\u201d) to Roquette Freres SA (\u201cRoquette\u201d). The creation of this joint-venture will reinforce Roquette\u2019s position as a major supplier [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14418,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-14417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/14417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14417"}],"version-history":[{"count":1,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/14417\/revisions"}],"predecessor-version":[{"id":14419,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/posts\/14417\/revisions\/14419"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=\/wp\/v2\/media\/14418"}],"wp:attachment":[{"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.faceinews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}