# DKSH acquires majority stake in Right Base Chemicals joint venture in China

DKSH signed an agreement to acquire a 70% stake in a joint venture with Chinese specialty chemicals distributor Right Base Chemicals (RBC), with the remaining 30% to be acquired in five years. RBC distributes additives, resins, and colorants for coating and ink applications.

- Type: Acquisition
- Announced: 2021-11-01
- Where: Shanghai, China, China
- Status: announced
- Products: additives, resins, colorants for coating and ink applications
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [DKSH](https://endata.com/companies/20476.md) (acquirer)
- [Right Base Chemicals](https://endata.com/companies/58403.md) (target)

## Sources

- [dksh.com](https://www.dksh.com/global-en/home/investors/investor-news/dksh-acquires-right-base-chemicals-in-china-further-expanding-its-performance-materials-business), 2021-11-01: "By acquiring RBC, we are actively driving forward the market consolidation of the specialty chemicals industry."

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