Solenis, a leading global producer of specialty chemicals for water-intensive industries, will invest $193 million to expand its operation in the City of Suffolk, Virginia. The company will build a new 80,000-square-foot production facility, packaging facility and tank farm, and add a new rail spur to accommodate production of polyvinylamine (PVAm) polymer products, which are … Read more
Solenis, a leading global producer of specialty chemicals for water-intensive industries, completed the acquisition of CedarChem LLC on October 2, 2023. As part of the acquisition, Solenis will acquire all CedarChem operating assets. Headquartered in Cedartown, Georgia, CedarChem offers a full suite of water and wastewater treatment products for industrial and municipal markets, primarily in … Read more
Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its acquisition of Diversey Holdings, Ltd. The transaction, valued at an enterprise value of approximately $4.6 billion, was executed in an all-cash deal and became effective on July 5. Diversey is a leading provider of hygiene, infection prevention and cleaning products and … Read more
Specialty chemical manufacturer Solenis and hygiene solutions provider Diversey Holdings have announced a definitive merger agreement, in which Solenis will acquire Diversey in an all-cash transaction valued at approximately $4.6 billion. Following the merger, Diversey will become a private company. Solenis, headquartered in Wilmington, Delaware, was acquired by Platinum Equity in 2021 and produces specialty … Read more
Solenis, a leading global producer of specialty chemicals, completed the acquisition of the stock of the Grand Invest Group on February 6, 2023. As part of the acquisition, Solenis will acquire all Grand Invest Group operating assets, including key strategic production and warehousing facilities. Headquartered in Lima, Peru, the Grand Invest Group serves a range … Read more
Platinum Equity signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (CD&R) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. As part of the transaction, Solenis is expected to merge with Sigura Water, an … Read more