Announced
Synopsis
Platinum Equity-backed Solenis, an American manufacturer of specialty chemicals, agreed to merge with NCH, an international marketer of maintenance, lubrication, parts cleaning and water treatment products. Financial terms were not disclosed. "Joining forces creates a more diversified business with increased scale, an expanded global footprint, and superior customer service capabilities. Together, the newly combined company will provide attractive cross-selling opportunities, including meeting the increasing customer demand for sustainable and digital solutions," John Panichella, Solenis CEO.
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