Ittervoort, The Netherlands - Dutch-based private equity firm Bencis Buyout Fund IV has acquired a majority stake in BRB Holding BV, a global producer of silicones and lubricant oil additives. Bencis recently announced. Terms of the deal were not revealed.
Headquartered in The Netherlands, BRB has manufacturing facilities in Germany, Singapore and Malaysia. Its silicones products are used in the personal, homecare, construction and coatings sectors.
The company also makes products used in the formulation of mould release agents, silane coupling agents used in compounding, and other products used in the plastics, rubber and polyurethane industries.
“We now can realise manufacturing and product range expansion, extended geographical coverage and new business partnership,” said BRB chief executive in a statement about the deal.