Aditya Birla Group has agreed to acquire Cargill’s specialty chemicals business located in Dalton, Georgia. The facility manufactures formulated resins, curing agents, reactive diluents and polyaspartic resins.

According to the announcement, Aditya Birla Group plans to expand production capacity at the Dalton site over the next two years while continuing to produce the facility’s existing product lines.

Grace Matthews, Inc. served as the exclusive financial advisor to Cargill in connection with the transaction.