Roquette, one of the global leaders in the starch industry, has acquired 3 starch production sites of the Indian starch manufacturer, Riddhi Siddhi Gluco Biols Ltd. Roquette takes the majority share in the new company to be called « Roquette - Riddhi Siddhi ». By investing in new capacities and bringing value added products, Roquette will reinforce its leadership on the Indian market.
Roquette took a 14.9% shareholding in Riddhi Siddhi Gluco Biols Ltd in 2006 and established a strategic alliance with this family-owned company. The company achieved a turnover of 200 million dollars in 2011, holding 25% market share in India and employing over 1000 staff.
