US specialty chemicals company Solenis has acquired BASF’s flocculants business for mining applications. With this strategic acquisition, Solenis enhances its portfolio for mining and mineral processing customers. The transaction, for which financial details were not disclosed, was first announced in July.
US specialty chemicals company Solenis and Chinese synthetic biology company Beijing PhaBuilder Biotechnology Co. (PhaBuilder) agreed to collaborate on further developing key polyhydroxyalkanoate (PHA)-based technology for the paper packaging market.
Solenis to invest €176 million ($193 million) in City of Suffolk facility expansion. The company will build a new 7430-square-meter (80,000-square-foot) production facility, packaging facility, and tank farm. This new facility will be used to grow the existing polymer product line and add additional capacity of this critical monomer to the existing supplier.
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.
US specialty chemicals company Solenis is to take over disinfectant producer Diversey Holdings in an all-cash transaction valued at about $4.6 billion, including debt.
Solenis, a US producer of specialty chemicals for water-intensive industries, has closed its acquisition of Peru’s Grand Invest. The Wilmington, Delaware-headquartered company said the purchase aligns with its direct go-to-market strategy to provide customers in the region with improved chemical and water treatment products and services.
Solenis, globally oriented producer of specialty chemicals for water-intensive industries, has entered a definitive agreement with Kolb Distribution, part of KLK Kolb, to acquire Kolb’s paper process chemicals business. The deal is expected to close by the end of Q1 2023, subject to regulatory approval and customary closing conditions.
US specialty chemicals company Solenis has entered into an agreement to buy Clearon, a compatriot manufacturer of sanitizers and disinfectants for water treatment and household, industrial and institutional applications. Financial terms of the deal were not disclosed.
With the receipt of all approvals, BASF and Clayton, Dubilier & Rice (CD&R) have closed the sale of water treatment company Solenis to Platinum Equity. The transfer to the new private equity investor for an enterprise value of $5.25 billion includes net debt of around $2.5 billion.
Solenis has closed on another deal that boosts its offering to water-intensive industries. Effective Jul. 14, the US specialty chemicals producer completed its acquisition of Mexico's Poliquimicos for an undisclosed sum.
