BRB Silicones, a business unit of BRB International BV, has sold a majority share of its business to Bencis Buyout Fund IV. This is a fund managed by Bencis Capital Partners, an independent investment company based in Amsterdam and Brussels. BRB Silicones is a global producer of silicones, lube oil additives and chemicals.
‘Within 35 years, BRB has evolved into a global player,’ says Ralph Pinckaers, CEO of BRB. ‘Now is the time to move to the next level. We have made strategic investments for both our silicone and lube oil additives businesses in Malaysia and Singapore respectively. Bencis comes at the perfect time to help us further fuel our growth. We now can realise manufacturing and product range expansion, extended geographical coverage and new business partnerships, while capitalising on our identity of “ambition, flexibility and innovation”.’
Accelerated growth on the cards
The BRB Silicones business unit produces specialty silicones like emulsions, antifoams, water repellants, silanes, resins, silicone polyethers, vinyl silicones, amino silicones, dimethiconol blends, cross polymers and other customised products. The new partnership with Bencis will accelerate its the growth in two core markets: personal and home care; and construction and coatings.
‘At Bencis, we enjoy teaming up with entrepreneurs and management teams in order to support them in implementing their plans for growth. We do so based on a long-term strategic vision that keeps the horizon in sight at all times. In all instances our 15 years’ experience is used to facilitate growth via an intelligent, but also highly involved, approach. Through joint consultation, we progress in leaps and bounds and ultimately realise the company’s ambitions,’ says Lesley van Zutphen, managing partner at Bencis Capital Partners.