
Bencis Capital acquires majority stake in BRB
Bencis Capital has acquired a majority stake in BRB International, a Dutch manufacturer and supplier of silicones, additives, chemicals and lubricants.
The new partnership with Bencis should allow BRB to accelerate growth in its two core markets for silicones: personal and home care, and construction and coating.
The group has recently made investments in Malaysia and Singapore for its silicone and lubricant oil additive businesses, and will look to further extend its geographical coverage via business partnerships.
Other targets include strengthening the company's market presence in the automotive, off-road, petrochemical and industrial markets.
Equity was drawn from Bencis Buyout Fund IV, which closed in November 2011 on €408m, exceeding its initial target. In line with the three previous funds, Bencis IV focuses on mature companies based in the Benelux region and valued in the €25-250m range.
Company
BRB manufactures and supplies silicones, additives, chemicals and lubricants to various industries in the Netherlands and internationally.
It serves customers in various markets, such as the personal and home care, automotive, industrial, graphic design and construction industries.
Established in 1981 and headquartered in the south of the Netherlands, the company employs 220 staff. It has additional offices and warehouses in the UK, Poland, the US, Malaysia, Australia, China and Singapore. Its estimated turnover stands at €161m.
People
Bencis Capital Partners – Lesley van Zutphen (managing partner).
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