What is Novabay's main business?

Novabay primarily manufactures and sells premium-grade sodium bicarbonate for the pharmaceutical, food, and personal care industries.

When is the Tata Chemicals Novabay deal expected to close?

The acquisition is anticipated to be completed by March 2026.

Why is Tata Chemicals acquiring Novabay?

Tata Chemicals is acquiring Novabay to expand its presence in high-value, non-cyclical product segments and strengthen its specialty bicarb market capabilities.

Home / Business and Economy / Tata Chemicals Acquires Novabay for Premium Bicarb Growth

Tata Chemicals Acquires Novabay for Premium Bicarb Growth

19 Dec

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Summary

Novabay acquisition by Tata Chemicals aims to expand specialty bicarb market presence.
The deal is projected to be finalized by March 2026.
Novabay specializes in premium-grade sodium bicarbonate for pharma and food sectors.

Tata Chemicals Acquires Novabay for Premium Bicarb Growth

Tata Chemicals is expanding its specialty chemical portfolio through the proposed acquisition of Novabay. This French subsidiary, established in November 2015, is a key player in manufacturing premium-grade sodium bicarbonate, catering to diverse sectors including pharmaceuticals, food, and personal care across Europe, the Americas, Oceania, Asia, the Middle East, and ASEAN markets.

The acquisition is strategically aligned with Tata Chemicals' objective to deepen its involvement in high-value, non-cyclical product segments. Novabay's existing capacity of approximately 60,000 tons, with potential for expansion to 100,000 tons, and its cGMP, API certifications, will significantly strengthen Tata Chemicals' position in the premium bicarb market.