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Nopco Colombiana Acquisition Completed

July 23, 2017

FOR IMMEDIATE RELEASE

WILMINGTON, Del. (USA) — Today, Solenis LLC (Solenis) closed on its previously announced acquisition of the business and assets of Nopco Colombiana S.A. (Nopco Colombiana).

Headquartered in Medellin, Colombia, Nopco Colombiana is a leading 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 business will be integrated into Solenis as part of its direct-to-market strategy in emerging markets.

“This acquisition represents Solenis’ commitment to direct channel investments in strategic growth markets”, stated John Panichella, president and CEO. “The addition of Nopco Colombiana allows Solenis to expand its capabilities to serve the growing process and water treatment markets in Central and South America.”

“The strategic location of Nopco Colombiana’s production facility along with a talented commercial team, grants Solenis the opportunity to provide its broad technology portfolio to better serve the local market”, said José Armando Piñón Aguirre, vice president, Latin America. “We are initiating the integration of Nopco Colombiana’s business into Solenis, establishing Solenis’ solutions service model to create enhanced value for customers.”

 

About Solenis

Solenis is a leading global producer of specialty chemicals for water-intensive industries, including the pulp, paper, oil and gas, petroleum refining, chemical processing, mining, biorefining, power and municipal markets. The company's product portfolio includes a broad array of process, functional and water treatment chemistries 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 39 manufacturing facilities strategically located around the globe and employs a team of approximately 5,200 professionals in 120 countries across five continents. For additional information about Solenis, please visit www.solenis.com or follow us on social media.

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Catherine (Katy) Abernathy

Senior Director, Corporate Communications