PETRONAS Chemicals Signs SPA To Acquire Da Vinci Group B.V.

KUALA LUMPUR, May 16 (Bernama) — PETRONAS Chemicals Group Berhad (PCG) has entered into a Sale and Purchase Agreement (SPA) to acquire 100% of Da Vinci from its shareholders including, amongst others, funds managed by Bencis Capital Partner.

Da Vinci Group B.V. is a private-limited liability company, incorporated in the Netherlands with a global operations involving own-brand reselling, formulating and manufacturing of silicones, lube oil additives and chemicals.