Perstorp Acquires 100% Shares of OQ Chemicals Nederland B.V.

, a wholly owned subsidiary of Malaysia's PETRONAS Chemicals Group Berhad (PCG), announces that Perstorp Holding AB has acquired 100% of the shares of OQ Chemicals Nederland B.V. from GmbH.

The deal provides Sweden-based Perstorp with full ownership and control over all of the Dutch company's production assets, related technology and employees.

'With this acquisition of OQ Chemicals Nederland B.V., we are further enabling our growth strategy and focus on the Specialty Chemicals sector as well as sustainable solutions', said Ib Jensen, president and CEO of Perstorp.

Source: Perstorp