Solenis Completes Acquisition of Diversey, for $4.6 Billion
Summary
Solenis, a Wilmington, DE-based manufacturer of specialty chemicals used in water-intensive industries, completed the acquisition of Diversey, a Fort Mill, SC-based provider of hygiene, infection prevention and cleaning products. Diversey develops and delivers hygiene, infection prevention and cleaning products and technology serving more than 85,000 customers in over 80 countries with a network of almost 9000 employees globally. Led by CEO John Panichella, Solenis is a producer of specialty chemicals, focused on delivering sustainable solutions for water-intensive industries, including the pulp, packaging paper and board, tissue and towel, oil and gas, petroleum refining, chemical processing, mineral processing, biorefining, power, municipal, and pool and spa markets. Its product portfolio includes a broad array of water treatment chemistries, process aids and functional additives, as well as monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact and maintain healthy water.