# Oriental Yuhong to acquire 60% of Brazil's Novakem for BRL 108M

Oriental Yuhong, through its Brazilian subsidiary, agreed to acquire a 60% stake in Novakem Indústria Química Ltda. for approximately BRL 108 million (about CNY 144 million). The deal was signed on November 19, 2025.

- Type: Acquisition
- Announced: 2025-11-19
- Where: Brazil
- Value: $20.0M (108.0M BRL)
- Status: announced
- Products: chemical products for construction
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Beijing Oriental Yuhong Waterproof Technology Co.](https://endata.com/companies/26643.md) (acquirer)
- [OYH BRAZIL LTDA.](https://endata.com/companies/89282.md) (acquirer)
- [Novakem Indústria Química Ltda.](https://endata.com/companies/89283.md) (target)

## Sources

- [news.qq.com](https://news.qq.com/rain/a/20251219A074BW00), 2025-12-19: "东方雨虹巴西拟以自有资金合计出资约1.08亿巴西雷亚尔收购交易对方持有的巴西Novakem Indústria Química Ltda.60%股权。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.