Braskem acquired Quattor, a Brazilian petrochemical company, to create a world-scale petrochemical player and diversify its feedstock supply. The acquisition was executed through the creation of a new holding company, BRK Investimentos Petroquímicos SA, which received capital increases of R$3.5 billion from Braskem's shareholders Odebrecht and Petrobras to fund the purchase of Quattor. The combination of Braskem and Quattor expanded Braskem's production capacity and geographic footprint in Brazil.