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.”
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, mineral processing, biorefining, power, municipal, and pool and spa markets. Owned by Platinum Equity, the company’s product portfolio includes a broad array of water treatment chemistries, process aids and 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, minimize environmental impact and maintain healthy water. Headquartered in Wilmington, Delaware, the company has 48 manufacturing facilities strategically located around the globe and employs a team of over 6,400 professionals in 120 countries across five continents. Solenis is a 2022 US Best Managed Company.
For additional information about Solenis, please visit www.solenis.com or follow us on social media.
FOR FURTHER INFORMATION
Vice President, Corporate Communications