March 7, 2018
FOR IMMEDIATE RELEASE
WILMINGTON, Del. (USA) — Effective March 7, 2018, Solenis International, L.P. (Solenis) completed the acquisition of 100 percent of the shares of Topchim NV (Topchim). Headquartered in Antwerp, Belgium, Topchim is a leading ecological coating company for the paper, cardboard, and packaging converting industries in Europe. Solenis will integrate the Topchim business as part of its strategy to expand its offering to the pulp and paper market.
The purchase of Topchim represents Solenis' commitment to new and innovative technologies, stated John Panichella, Solenis president and CEO. "The acquisition will enable Solenis to serve the growing barrier coatings market while maintaining our commitment to environmental sustainability."
"Through the development of proprietary technologies based on bio-renewable materials, Topchim has created a distinct competitive advantage in the barrier coatings market," said Ludwig Krapsch, vice president, Solenis Pulp and Paper EMEA. "We are excited to join the Solenis family," stated Eric Jönsson, managing director, Topchim. "The combination of Topchim's pioneering technologies and talented team with Solenis' global network and reputation of service excellence provides a unique platform to grow sustainable products globally."
Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including pulp and paper, institutional, industrial, food and beverage, and pool and spa water markets. The company’s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, cleaners, disinfectants, and state-of-the-art monitoring, control and delivery 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 70 manufacturing facilities strategically located around the globe and employs a team of over 16,500 professionals in 130 countries across six continents. Solenis is a 2024 Best Managed Company Gold Standard honoree.
For additional information about Solenis, please visit www.solenis.com or follow us on social media.
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Vice President, Corporate Communications