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Bencis Capital Partners Announces Acquisition of Majority Share of BRB

Published on 2016-04-26. Author : SpecialChem

ITTERVOORT, Netherlands -- 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., one of the global producers of silicones, lube oil additives and chemicals.

Fig. 1: Bencis Capital Partners Announces Acquisition of Majority Share of BRB

“Within 35 years, BRB has evolved into a global player” says Ralph Pinckaers, Chief Executive Officer of BRB. “Now is the time to move to the next level. We have made strategic investments for both our Silicone and Lube oil Additive businesses, in Malaysia and Singapore respectively. Bencis comes at the perfect moment to help us fuel our further growth. We now can realize manufacturing and product range expansion, extended geographical coverage and new business partnerships, while capitalizing on our identity: Ambition, Flexibility and Innovation.

The BRB Silicones business unit produces specialty silicones like emulsions, antifoams, water repellants, silanes, resins, silicone polyethers, vinyl silicones, amino silicones, dimethiconol blends, cross polymers and many more customized products for the silicone industry. 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.

Its Lube Oil Additives & Chemicals (LAC) business unit manufactures a full range of Lube oil Additive packages and components to formulate finished lubricants. Its main strengths are in the production and R&D of VII (viscosity index improver) solutions, automotive and industrial gear additives as well as the off road- and engine oil packages. LAC also offers a wide variety of chemical products, such as coolants, screen wash fluids and environmental friendly solutions for the petrochemical cleaning industry. With the support of Bencis, we will strengthen our market presence even further in the automotive, off-road, petrochemical and industrial markets” added Ralph Pinckaers.

“At Bencis, we enjoy teaming up with entrepreneurs and management teams in order to support them in implementing their plans. We do so based on a long term strategic vision that keeps the horizon in sight at all times. Company management retains full control however.

Bencis uses its 15 years of experience to facilitate growth via an intelligent, but also highly involved, approach. Through joint consultation, it progress in leaps and bounds and ultimately realize the company’s ambitions” says Lesley van Zutphen, Managing Partner with Bencis Capital Partners B.V.

About Bencis Capital Partners

Bencis Capital Partners is an independent investment company founded in 1999 and supporting entrepreneurs and management teams in achieving their growth objectives.

Bencis has a 16-year history of investing in strong and successful businesses in the Netherlands and Belgium. With an extensive experience in sectors like Industry & Manufacturing, Food & Beverages, Business & Consumer Services, Healthcare & Leisure and Wholesale & Retail, Bencis is capable of adding true value, focusing not only on the business, but mainly on supporting the people that have created and/or drive these companies.

With offices in Amsterdam and Brussels/Diegem, Bencis currently invests in 14 companies, which together employ approximately 4,250 people. These businesses achieve a combined annual turnover of approximately 1.1 billion euros. Bencis aims to invest in companies with an operating profit up to 50 million euro.

About BRB

BRB, a dynamic and innovative company, has an extensive experience in the fields of Silicones, Lube oil Additives and Chemicals. BRB is now of its kind, one of the largest independent and privately owned companies in the world.

BRB supplies a large range of products marketed by two business units (Silicones and Lube oil Additives & Chemicals), to a broad range of customers in different industries like Lube Oil Blending, Cosmetic Industry, Coating Industry, Automotive, Off Shore Industry and High Tech industries.

Established in 1981 and headquartered in the south of the Netherlands, BRB has created an effective worldwide supply chain network with offices and warehouses in Germany, Poland, United States, Malaysia, Australia, China, Singapore, Brazil, Turkey, United Arab Emirates and South Africa. BRB’s manufacturing sites are located in Europe and Asia.

Source: BRB
 

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