Industry News, Mergers and Acquisitions, Suppliers News

PETRONAS Chemicals Group to Acquire Perstorp Group

Perstorp is a niche specialty chemicals player that focuses on the resins & coatings, engineered fluids and animal nutrition markets.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Perstorp Group said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced that it has signed a Securities Purchase Agreement on May 14, 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a company under PAI Partners, a European private equity firm. “We are excited to become part of the PETRONAS family,” Jan Secher, president and CEO of Perstorp, said. “I see a strong commonality in values and p...

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