PetChem completes acquisition of Da Vinci Group

Datuk Sazali Hamzah

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) has completed the acquisition of Da Vinci Group BV after fulfilling the conditions required in the share purchase agreement to complete the acquisition of 100% of the share in Da Vinci.

In a statement Friday, PetChem said Da Vinci is now its wholly-owned subsidiary following the completion of the acquisition.