JLF’s corporate team led by mergers and acquisitions expert Jabad Jaigirdar has advised Ajeet Chadda and Kanchan Chadda on the acquisition of the entire issued share capital of North East Chemicals Limited.
Established in 1990, North East Chemicals is a value-add distributor of speciality chemicals throughout the UK.
Ajeet said: “We are committed to investing in the region when the right opportunities arise, and retain a lot of confidence in the North East as a place for doing business.
“After almost a decade in the education sector, we are really excited to be back to our roots with a trading business. North East Chemicals has been working with local organisations for over 30 years and we look forward to continuing those relationships and seeing how far we can take the business.
“We have been patient in deciding what our next venture would be, but as always we have been supported and guided throughout by Jabad and the corporate team at JLF.”
Commenting on the transaction, Jabad Jaigirdar, Senior Partner, said: “North East Chemicals is a fantastic local business having grown significantly over the past few years, and closing this transaction paves the way for Ajeet and Kanchan to deliver the next stage of its growth plan.
“The transaction underlines the commitment of our corporate team to servicing clients nationally, and to growing our core sectors. The industrial chemicals segment is a growing market, and we expect to see more transactional activity during 2025.”
