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

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.