| Professionally managed |
| Sanmar’s businesses are professionally managed, thanks to the group’s ability to attract, motivate and retain high calibre staff. Ownership and management have been separated through a series of top level initiatives, including the formation of a broadbased, empowered Group Corporate Board, which oversees all businesses, including strategies and policies. The businesses are managed by professional managing directors, with highly qualified managers working under them. |
| Group strengths |
| The Sanmar Group has over three decades of experience in running and managing a large industrial organisation with multiple businesses. |
| The group’s innate strengths include: |
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An ability to source, assimilate and apply complex technologies in different fields. |
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Leading edge HR practices and a reputation as a preferred employer |
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A high level of IT integration with an SAP ERP platform across businesses |
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A global outlook highlighted by successful JVs with world leaders, and a high level of cross border trade and now successful acquisitions of businesses overseas to achieve transcontinental presence. |
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| Blazing a trail |
| The group entered into its first international
joint venture back in the 60s when it started Chemicals and Plastics
India Limited to manufacture PVC resins in joint venture with B F
Goodrich of the USA. |
The Sanmar Group is a US $ 800 million global conglomerate with an asset base in excess of
US $ 1.5 billion and a presence in some 25 businesses, with manufacturing units
spread over numerous locations in India. |
| Characterised by strong and conservative financial practices, it has a track record of steady growth and consistent profitmaking over the last three decades, enjoying an excellent reputation in the financial markets. The group is known for its high ethical standards and healthy respect for intellectual property rights. |
| Acquisitions of recent times |
| 2007: TCI Sanmar Chemicals LLC came into the Sanmar fold in March 2007 as Trust Chemical Industries, a caustic soda manufacturing facility located at Port Said, Egypt. Following the acquisition, Sanmar embarked on an ambitious capacity enhancements for caustic soda, chlorine, VCM and PVC for an investment commitment of US$886 million. |
| 2007: Sanmar’s ambitious growth plans by way of scale-up in size, equity and market reach, saw the Group’s first overseas acquisition of a foundry unit in Europe. Eisenwerk Erla GmbH, Erla, Germany, a member of The Schubert & Salzer Group, has a 650 year old history of iron extraction and processing in the Schwarzwasser or ‘iron valley’. |
| 2008: The acquisition of Matrix Metals LLC provides a strategic advantage to Sanmar’s foundry business.The state-of-the-art steel foundry at Viralimalai near Trichy is being expanded from 10,000 tpa to 30,000 tpa. The complementing capabilities of Sanmar Foundries and Matrix Metals’ put together will take the Sanmar foundry business to the top 10 in the world. |
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