ITTERVOORT, Netherlands—Bencis Buyout Fund IV has acquired a majority share of BRB Holding B.V., a global producer of silicones, lube oil additives and chemicals.
Bencis, a fund managed by Bencis Capital Partners based in Amsterdam and Brussels, said BRB Silicones produces specialty silicones like emulsions, antifoams, water repellants, silanes, resins, silicone polyethers, vinyl silicones, amino silicones, dimethiconol blends, cross polymers and other customized products for the silicone industries.
“BRB has evolved into a global player,” BRB CEO Ralph Pinckaers said in an April 29 news release. “Now is the time to move to the next level.”
The executive added that the firm has made strategic investments for both our silicone and lube oil additive businesses, in Malaysia and Singapore. Pinckaers said Bencis comes at the perfect moment to help BRB grow further.
“We can now realize manufacturing and product range expansion, extended geographical coverage and new business partnerships,” the executive added.
BRB's silicones unit operates in two core markets—personal/home care and construction/coating.
The firm also supplies a range of core and specialty intermediates to the silicone industry. BRB's Lube Oil Additives & Chemicals business unit manufactures lube oil additive packages and components to formulate finished lubricants, with strengths in the production and research of viscosity index improver solutions for automotive and industrial gear additives, in addition to of road and engine oil packages.
Headquartered in the Netherlands, BRB has offices and warehouses in Germany, Poland, the U.S., Malaysia, Australia, China, Singapore, Brazil, Turkey, United Arab Emirates and South Africa, with manufacturing sites in Europe and Asia.
Bencis Managing Partner Lesley van Zutphen said the private equity allows company management to retain full control. The firm has 14 companies under its portfolio that combine to employ about 4,250, with a combined annual sales of about $1.25 billion.
“We use our 15 years of experience to facilitate growth via an intelligent, but also highly involved, approach,” Zutphen said in a statement. “Through joint consultation, we progress in leaps and bounds and ultimately realize the company's ambitions.”