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Announced

Completed

PETRONAS Chemicals Group completed the acquisition of BRB International from Bencis Capital for €163m.

Financials

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Transaction Value£142m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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additives

Friendly

Specialty Chemicals

Single Bidder

Acquisition

Netherlands

Private Equity

silicones

Private

Completed

Cross Border

Synopsis

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PETRONAS Chemicals Group completed the acquisition of 100% of Da Vinci, a holding company for BRB International, producer of silicones, additives, and chemicals, from its shareholders including Bencis Capital Partner for €163m ($182m). “The acquisition is a strategic entry point for PCG’s specialty chemicals portfolio. The acquisition accelerates the realization of PCG’s vision to create value by diversifying its product portfolio into differentiated and specialty chemicals,” Datuk Sazali Hamzah, PCG Managing Director/Chief Executive Officer.

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