Fueling Growth: Shell's Strategic Move to Acquire Raj Petro Gets Regulatory Nod

The Competition Commission of India (CCI) has given the green light to Shell's acquisition of a 100% shareholding in Raj Petro Specialities. The move is a major development for Shell's growth in India's lubricant and petrochemical markets. The acquisition by Shell Deutschland GmbH and Shell Overseas Investments B.V. is expected to bolster Shell's products and market position. Raj Petro, a petro-specialty products company, has two plants with a total capacity of 350,000 metric tonnes per year. The strategic expansion is expected to generate synergies in the lubricant division as well as enhance operational efficiencies. The transaction, under negotiation since early 2025, is now ready for culmination after regulatory approvals.

 

Source: Competition Commission of India, March 4, 2025