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Nopco Colombiana Acquisition

May 16, 2017

FOR IMMEDIATE RELEASE

WILMINGTON, Del. (USA) – Solenis signed an agreement to acquire the business and assets of Nopco Colombiana S.A. (“Nopco Colombiana”), a producer and supplier of specialized chemical solutions for water intensive industries, including pulp and paper, oil and gas, food and beverage and other industrial markets in Central and South America. The transaction is expected to close in the third quarter of 2017, following receipt of customary regulatory approvals.

Headquartered in Medellin, Colombia, Nopco Colombiana employs over 75 people. Until this acquisition, the company was Solenis’ pulp and paper specialty chemical distributor in Central and South America. Nopco Colombiana produces and distributes wet strength resins, antiscalants, dispersants and defoamers in Colombia, Ecuador and Peru.

“This is an opportunity to combine Nopco Colombiana’s position in northwestern South America with Solenis’ global direct-to-market strategy,” said John Panichella, president and CEO, Solenis.

“This acquisition will strengthen our portfolio for the water treatment market and enable us to better serve the growing Central and South American markets through expanding our production footprint and customer service capabilities,” stated José Armando Piñón Aguirre, vice president, Latin America, Solenis. 

<div class="line">&nbsp;</div> <h2>About Solenis</h2> <p>Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company&rsquo;s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 69 manufacturing facilities strategically located around the globe and employs a team of over 16,100 professionals in 130 countries across six continents. Solenis is a 2024 Best Managed Company Gold Standard honoree, recognized four years in a row.</p> <p>For additional information about Solenis, please visit <a href="/en/">www.solenis.com</a> or follow us on social media.</p>

FOR FURTHER INFORMATION

Global

Catherine (Katy) Abernathy

Vice President, Corporate Communications