Announced
Completed
Financials
Sources
Tags
Single Bidder
Completed
Private
Germany
cationic polyacrylamide
Acquisition
Cross Border
Friendly
Majority
Specialty Chemicals
Synopsis
Solenis, a producer of specialty chemicals, completed the acquisition of SCL, a DMA3 producer. Financial terms were not disclosed. “The acquisition of this business provides Solenis with the backward integration that supports our polyacrylamide growth plan and better enables us to provide strategic products to our customers around the world. This is our first bolt-on acquisition following our recent ownership change to Platinum Equity. The support by the Platinum team for our strategic growth plan has been excellent, and I am confident that our partnership will yield more of these projects in the future,” John Panichella, Solenis CEO.
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