Bencis Buyout Fund IV, a fund managed by Bencis Capital Partners, an independent investment company based in Amsterdam and Brussels, has acquired a majority share of BRB Holding B.V., a global producer of silicones, lube oil additives and chemicals.
The new partnership with Bencis will accelerate the growth in our two core markets for silicones: personal & home care and construction & coating. BRB also supplies a very broad range of superiorly priced core and specialty intermediates to all the silicone industry.
Our Lube Oil Additives & Chemicals (LAC) business unit manufactures a full range of Lube oil Additive packages and components to formulate finished lubricants. With the support of Bencis, we will strengthen our market presence even further in the automotive, off-road, petrochemical and industrial markets.
Please read the full press release here.