Global energy giant Shell Lubricants has officially completed the acquisition of Mumbai-headquartered Raj Petro Specialities P. Ltd., from Brenntag Group, a German company. Shell acquired 100% stake of the company, a power move to strengthen its presence in the growing lubricant market of India.
The deal brings two manufacturing facilities under Shell’s umbrella. Raj Petro has a versatile product portfolio that includes transformer oil, white oils, petroleum jelly waxes, and specialty lubricants, serving multiple industries like power, pharmaceuticals, personal care, automotive, and more.
Jason Wong, Executive Vice President for Global Lubricants at Shell, highlighted, “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.”
This acquisition positions Sheel to tap deeper into the Indian market and rapidly expand in the lubricants demand. Shell Lubricants Paraguay
India has built partnership with leading automotive OEMs like Maruti Suzuki India Limited, Hyundai Motor Company, Mahindra Group, Nissan Motor Corporation, and BMW Group.
