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Solenis Completes the Acquisition of the Paper Business of ChemSystems

June 1, 2020

FOR IMMEDIATE RELEASE

WILMINGTON, Del. (USA) — Effective June 1, 2020, Solenis LLC closed on its previously announced acquisition of the paper business of ChemSystems, a division of AECI Ltd.

Headquartered in Johannesburg, South Africa, ChemSystems is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the pulp, paper and tissue manufacturing industries in Sub-Saharan Africa. The business will be integrated into Solenis as part of its direct-to-market strategy.

"The purchase of paper business of ChemSystems represents another milestone in Solenis' growth strategy as we continue to clean up our channel to market following the merger with BASF's Paper and Water business," said John Panichella, CEO, Solenis. "We will rapidly integrate the ChemSystems business and its talented teams into Solenis and look forward to strengthening our commitment and providing value to pulp and paper customers in Sub-Saharan Africa."

"We are excited to combine ChemSystems' talented commercial team with Solenis' world-class solutions service model to create enhanced value for our customers," said Andreas Türk, president, Eurasia, Solenis.

 

<div class="line">&nbsp;</div> <h2>About Solenis</h2> <p>Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company&rsquo;s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, 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 create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 69 manufacturing facilities strategically located around the globe and employs a team of over 16,100 professionals in 130 countries across six continents. Solenis is a 2024 Best Managed Company Gold Standard honoree, recognized four years in a row.</p> <p>For additional information about Solenis, please visit <a href="/en/">www.solenis.com</a> or follow us on social media.</p>

FOR FURTHER INFORMATION

Europe, Middle East and Africa

Gillian (Gill) Davies

Senior Manager, Corporate Communications, Eurasia