July 14, 2020
FOR IMMEDIATE RELEASE
WILMINGTON, Del. (USA) — Effective July 14, 2020, Solenis LLC (Solenis) completed the acquisition of 100% of the outstanding shares of Poliquímicos, S.A. de C.V. ("Poliquímicos").
Headquartered in Mexico City, Mexico, Poliquímicos is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the pulp and paper markets in Mexico. The business will be integrated into Solenis as part of its direct-to-market strategy.
"The acquisition of Poliquímicos will enhance Solenis' direct sales channel in the Mexican market and improve our production capabilities in the region," said John Panichella, CEO, Solenis. "With more than 46 years of history in Mexico, we are thrilled to welcome the Poliquímicos team and are excited to provide them with the full suite of Solenis products to better serve our customers."
"The strategic location of the Poliquímicos production facility, a strong position in the packaging market, along with a talented commercial team, provides Solenis the opportunity to better serve the Mexican market," said José Armando Piñón Aguirre, vice president, Latin America, Solenis. "We will integrate the Poliquímicos' business into Solenis during the next few months to ensure a seamless transition for customers in Mexico."
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, 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 49 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
Manager, Corporate Communications, Latin America