KUALA LUMPUR, Oct 12 (Bernama) — PETRONAS Chemicals Group Berhad (PCG) today announced the completion of its acquisition of Perstorp Holding AB (Perstorp) on 11 October 2022.
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 wholly-owned subsidiary.
