Calibre Chemicals, a nutrition, pharmaceuticals and personal care chemicals company and a portfolio joint venture of Everstone Capital and founder Ranjit Bhavnani‘s family, has acquired the laboratory and product development business of Bengaluru, India-based Tina Life Sciences.

With this deal, Calibre aims to drive its research and development capabilities, specifically in the field of organic chemistry. The company looks to improve the pace of new product development and the breadth of its custom development and manufacturing (CDMO) service offerings.

“Our collective expertise and knowledge of organic synthesis, electrochemistry, process development, and manufacturing excellence, will enable us in serving our valued customers better,” states Deepak Chander, CEO of Calibre Chemicals.