FINANCE

Shell Completes Acquisition of Raj Petro Specialities

Chennai: Shell Lubricants has successfully completed the acquisition of a 100% equity interest in Raj Petro Specialities Pvt. Ltd. from the Brenntag Group. This strategic move strengthens Shell Lubricants’ portfolio and customer base in India, a key growth market.

Key Highlights:

  • The acquisition expands Shell Lubricants’ presence in the market, supplying customers in power transmission, personal care, and pharmaceutical sectors.
  • The deal is expected to realize new synergies and economies of scale across the lubricants value chain.
  • The acquisition aligns with Shell Lubricants’ focus on performance, discipline, and simplification.

Jason Wong, Shell’s Executive Vice President for Global Lubricants, said, “The addition of Raj Petro Specialities will help maximize value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth.”

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