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."
FOR FURTHER INFORMATION
Vice President, Corporate Communications