Platinum Platinum Equity Platinum acquired Sigura in 2019. Sigura | LinkedIn CD&R agrees to sell specialty chemicals business Solenis ... Solenis July 6, 2021 - Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice ("CD&R") and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. Both CD&R and BASF have fully exited Solenis. Robert Baird, CEO of Sigura, remains as president of the new Pool Solutions division at Solenis. The German chemicals giant BASF holds a 49% stake in Wilmington, Delaware-headquartered Solenis. Platinum Equity’s Acquisition of Solenis – Global Legal ... In addition, as part of the acquisition, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company, for a … Read article News. 5 billion, subject to adjustments at closing. Ludwigshafen, Germany and Wilmington, Delaware, USA, July 6, 2021 – BASF and Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity, a California-based private equity company founded in 1995. Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries. Platinum Equity to acquire Solenis | RISI Technology Channels Solenis' new financing structure after merging with Sigura Water has not yet been disclosed. Platinum Equity to Buy Water Treatment Company Solenis for ... Platinum Equity signed a definitive agreement to acquire Solenis, a global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. About Solenis. Los Angeles, CA /PRNewswire/ - Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries. Why Solenis, Sigura Water $6 - platinumequity.com As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the firm acquired in 2019, for a total combined transaction value of approximately $6.5 billion. Solenis will be merged with Platinum’s existing subsidiary Sigura, creating a player in water treatment with $3.5 billion/year in sales. In July 2021, BASF and Clayton, Dubilier & Rice signed an agreement to sell their shares in Solenis to Platinum Equity, a California-based private equity company founded in 1995. SUKGYUNG AT CO., LTD. : Nieuws en informatie aandeel SUKGYUNG AT CO., LTD. | A357550 | Korea Stock Exchange Platinum Equity has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. The transaction implies an enterprise value for Solenis of $5.25bn, which includes net debt of around $2.5bn, subject to adjustments at closing. Solenis is an industrial water treatment company with a global footprint that spans 120 countries and five continents with more than 40 manufacturing facilities and 5,200 employees. Solenis is a global producer of specialty chemicals used in water-intensive industries. Solenis to Merge with Sigura, Creating Diversified Leader in Sustainable Solutions LOS ANGELES – July 6, 2021 – Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that … Sigura, a leading provider of innovative water treatment solutions, has completed a merger with Solenis. The transaction implies an enterprise value for Solenis of $5.25 billion, which includes net debt of around $2.5 billion, subject to adjustments at closing. As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the firm acquired in 2019, for a total combined transaction value of approximately $6.5 billion.The combined company is expected to generate approximately $3.5 billion of revenue and serve a diverse range of customers around the world … Solenis to Merge with Sigura, Creating Diversified Leader in Sustainable Solutions. The deal will combine Solenis with a Platinium business that, among other things, supplies swimming pools chemicals. LOS ANGELES (News release) -- Platinum Equity announced it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries. Platinum Equity executives explain the path forward after $5.25 billion investment in Solenis. Platinum Equity Ushers in New Era of Growth at Solenis July 2021 issue of Global Water Intelligence Magazine highlights new era of growth for company under new owner. Solenis is owned by Platinum Equity. value for Solenis of $5.25 billion, which includes net debt of around $2. Aspectos relevantes en las adquisiciones Introducción El 6 de julio de 2021 El fondo de inversión Platinum Equity anunció la adquisición definitiva de Solenis. Solenis, a leading global producer of specialty chemicals, has been acquired by Platinum Equity from Clayton, Dubilier & Rice (CD&R) and BASF in a transaction worth $5.25 billion. Platinum Equity announced the closing of Solenis on Nov. 9, a $5.25 billion acquisition from previous owners, CD&R and BASF. California-based private equity investor Platinum Equity announced today an agreement to acquire Solenis, a leading provider of specialty chemicals for water-intensive industries, from Clayton, Dubilier & Rice and BASF. As part of the transaction, Solenis is expected to … As part of the acquisition, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company. Solenis CEO, John Panichella, will lead the combined company following the transition and integration. Since February 2019, BASF had held 49% of the shares in Solenis In addition, as part of the acquisition, Solenis has merged with Sigura Water, an existing Platinum Equity portfolio company, for a … As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio […] dollars. In addition, as part of the acquisition, Solenis has merged with Sigura Water, an existing Platinum Equity … LOS ANGELES, July 6, 2021 /PRNewswire/ — Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion.
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