PETRONAS completes acquisition of Selenia

12-04-2007: PETRONAS announced that it has completed the acquisition of the entire interest in FL Selenia SpA, independent producer and marketer of branded automotive lubricants and specialist fluids, from Kohlberg Kravis Roberts & Co. LP following receipt of all the regulatory approvals for the acquisition.

According to the company, the completion of the acquisition marks the beginning of a new and exciting milestone in PETRONAS' continuous efforts in building and enhancing its global lubricants business. With operations across Europe, South America and the US, FL Selenia produces high-end lubricants, transmission, anti-freeze and specialist fluids for automobiles, trucks, agricultural tractors, earth moving machinery and other industrial equipment.