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Solenis Completes Acquisition of Poliquímicos, S.A. de C.V.

July 14, 2020

FOR IMMEDIATE RELEASE

WILMINGTON, Del. (USA) — Effective July 14, 2020, Solenis LLC (Solenis) completed the acquisition of 100% of the outstanding shares of Poliquímicos, S.A. de C.V. ("Poliquímicos").

Headquartered in Mexico City, Mexico, Poliquímicos is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the pulp and paper markets in Mexico. The business will be integrated into Solenis as part of its direct-to-market strategy.

"The acquisition of Poliquímicos will enhance Solenis' direct sales channel in the Mexican market and improve our production capabilities in the region," said John Panichella, CEO, Solenis. "With more than 46 years of history in Mexico, we are thrilled to welcome the Poliquímicos team and are excited to provide them with the full suite of Solenis products to better serve our customers."

"The strategic location of the Poliquímicos production facility, a strong position in the packaging market, along with a talented commercial team, provides Solenis the opportunity to better serve the Mexican market," said José Armando Piñón Aguirre, vice president, Latin America, Solenis. "We will integrate the Poliquímicos' business into Solenis during the next few months to ensure a seamless transition for customers in Mexico."

<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

Latin America

Juliana Gebrin Simonetti

Manager, Corporate Communications, Latin America