20 March 2026
March 20, 2026
Information Letter
Humans Group has announced the completion of the sale of its Novabay industrial site in Singapore to Tata Chemicals International Pte. Ltd., a leading international chemicals and materials company.
This transaction follows the signing, on December 19, 2025, of a Share Purchase Agreement between the two companies. All conditions precedent having been fulfilled, the transaction is now fully effective.
With Tata Chemicals International Pte. Ltd., Novabay joins a group with a strong regional presence and the industrial and financial capabilities to sustainably support its development in Asia.
The Humens Group would like to commend the commitment and professionalism of the Novabay teams, who have contributed to the development of the industrial site and managed this project with a sense of responsibility.
This sale is part of Groupe Humens’ strategy to refocus on Europe, the historical core of its activities, in a context of profound transformation of industrial value chains and increasing energy constraints.
It will enable the Group to concentrate its investments and resources on its priority markets, strengthen its industrial competitiveness, and accelerate its projects related to the energy transition.
Humens Group remains fully committed to its partners, customers, and employees as it continues to implement its strategy and strengthen its positions.
Humens Group Management
