Solenis Acquires Diversey for $4.6 Billion

Solenis, a specialty chemicals manufacturer for water-intensive industries, has completed its acquisition of Diversey, a hygiene and cleaning products provider, in an all-cash transaction valued at ~ $4.6 billion.

With this acquisition, Solenis now operates in over 130 countries with 71 manufacturing facilities and over 15,000 employees.

“We now have greatly enhanced capabilities to help our customers tackle critical sustainability challenges, reduce their environmental impact and help create a cleaner, safer world,” said John Panichella, CEO, Solenis.

Solenis has been owned by Platinum Equity since its acquisition in 2021. The majority shareholder of Diversey, Bain Capital, will now be a minority stakeholder in Solenis after the merger. 

Solenis and Diversey unite in $4.6 billion acquisition. © Solenis
Solenis and Diversey unite in $4.6 billion acquisition. © Solenis

Free Virtual Event

Sustainability in Bioprocessing
Bioprocess Forum

Sustainability in Bioprocessing

Join us to explore hot topics in sustainable bioprocessing like the industrial potential of enzymatic synthesis, innovative biocatalysis techniques, and the use of digital twins in bioprocessing.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.