Industry News, Mergers and Acquisitions, Suppliers News

PCG Completes Acquisition of Perstorp

Among the major development plans include the expansion of Perstorp´s global presence.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Perstorp has been acquired by PETRONAS Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of PETRONAS Group. In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm, to acquire the entire equity interest in Perstorp, a leading sustainability-driven global specialty chemicals company based in Sweden. With the completion of the acquisition, Perstorp is now PCG’s ...

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