# Petronas Chemicals acquires Da Vinci Group for $163M

Petronas Chemicals agreed to purchase Dutch specialty chemical maker Da Vinci Group (operating as BRB) for $163 million from Bencis Capital Partners. Da Vinci makes silicones, lube-oil additives, and other chemicals.

- Type: Acquisition
- Announced: 2019-05-16
- Where: Netherlands
- Value: $163.0M
- Status: announced
- Products: silicones, lube-oil additives, specialty chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Petronas Chemicals Group Bhd](https://endata.com/companies/15828.md)
- [Petronas Chemicals Group Bhd](https://endata.com/companies/15828.md) (acquirer)
- [Bencis Capital Partners](https://endata.com/companies/30500.md) (investor)
- [BRB International](https://endata.com/companies/35144.md) (target)
- [Da Vinci Group](https://endata.com/companies/39584.md) (target)
- [BRB](https://endata.com/companies/39669.md) (target)

## Sources

- [fuelsandlubes.com](https://www.fuelsandlubes.com/petronas-chemicals-group-acquire-brb/), 2019-05-20: "The acquisition is a strategic entry point for PCG's specialty chemicals portfolio."
- [cen.acs.org](https://cen.acs.org/business/specialty-chemicals/Petronas-buys-specialty-chemical-maker/97/i21), 2019-05-25: "In an effort to diversify into specialty chemicals, Malaysia’s Petronas Chemicals has agreed to purchase the Dutch firm Da Vinci Group for $163 million."
- [european-coatings.com](https://www.european-coatings.com/news/raw-materials/brb-to-be-acquired-by-petronas-chemicals-group/), 2019-05-29: "The acquisition is a strategic entry point for PCG's specialties chemicals portfolio."
- [coatingsworld.com](https://www.coatingsworld.com/breaking-news/petronas-chemicals-group-bhd-acquiring-brb/), 2019-05-29: "The acquisition…accelerates the realization of PCG's vision to create value by diversifying its product portfolio into differentiated and specialty chemicals."

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