Shell completes acquisition of Raj Petro Specialities

Shell Lubricants has successfully completed the acquisition of a 100% equity interest in Raj Petro Specialities from the Brenntag Group.

The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets. The transaction strengthens Shell Lubricants’ presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain.

“The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification”, said Jason Wong, Shell’s Executive Vice President for Global Lubricants.