Tag Archives: John Panichella

Diversey to be acquired by Solenis for $4.6 billion

Solenis and Diversey Holdings announce that they have entered into a definitive merger agreement under which Solenis will acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Upon completion of the merger, Diversey will become a private company. Under the terms of the agreement, Diversey shareholders (other than shareholders […]

Solenis complets acquisition of the paper chemicals business of Kolb

Solenis has completed its previously announced acquisition of the paper process chemicals business of Kolb Distribution Ltd., a unit of KLK Kolb Group. The deal also includes a long-term supply agreement, in which the KLK Kolb Group will manufacture paper process chemicals exclusively for Solenis. “Bringing together the Kolb team with our consumer solutions business […]

Platinum Equity to acquire Solenis for $5.25 billion

Platinum Equity announced today that it has 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 […]