October 12, 2016
FOR IMMEDIATE RELEASE
WILMINGTON, Del. (USA) — Effective October 12, 2016, Solenis LLC completed the acquisition of 100% of the shares of Nopco Holding AS and related subsidiaries ("Nopco"), a producer and supplier of advanced chemical solutions for the pulp and paper industry. Nopco provides differentiated defoamer and deinking technologies to customers including the most advanced solutions available on the market today. The business will be integrated into Solenis as part of its strategy to expand its process chemicals offering for the global market.
"The purchase of Nopco represents another milestone in Solenis' growth strategy adding new and complementary products to our portfolio that deliver value to our customers," stated John Panichella, president and CEO. "Our global reach along with our significant applications expertise will enable Solenis to provide these leading technologies to a broader customer base."
"We are excited to combine Nopco's unique technologies with Solenis' strong channel to market," said Ludwig Krapsch, vice president, Pulp and Paper EMEA. "We are embarking on integrating the Nopco business and its talented teams into Solenis, creating enhanced capabilities for our customers."
Solenis is a leading global 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, mining, biorefining, power and municipal markets. The company’s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives 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 and minimize environmental impact. Headquartered in Wilmington, Delaware, the company has 41 manufacturing facilities strategically located around the globe and employs a team of approximately 5,000 professionals in 120 countries across five continents. Solenis is a 2021 US Best Managed Company.
For additional information about Solenis, please visit www.solenis.com or follow us on social media.
FOR FURTHER INFORMATION
Senior Director, Corporate Communications