Piper Sandler acted as exclusive financial advisor to Platinum Equity on the acquisition of Solenis. Platinum Equity signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from … ® 2021 Platinum Equity Advisors, LLC. There was a problem submitting your request. ), News releases via push notification directly to your smartphone, BASF and Clayton, Dubilier & Rice to sell Solenis to Platinum Equity, At BASF, we create chemistry for a sustainable future. Platinum Equity announced 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 and BASF in a transaction that implies an enterprise value for Solenis of USD 5.25 bn. As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the firm acquired in . Platinum Equity, a California-based private equity investment firm that focuses on leveraged buyouts, closed . Platinum Equity will acquire Solenis from Clayton, Dubilier & Rice and BASF. +1 310.228.9514 "The transaction implies an enterprise value for Solenis of US$5.25 billion, which. Solenis acquired in $5.25B private equity merger deal. Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 billion, including debt, and merge it with Sigura Water, a company it bought in 2019. Piper Sandler acted as exclusive financial advisor to Platinum Equity on the acquisition of Solenis. Platinum Equity will acquire Solenis . “As a leader in sustainability, Solenis has been helping its customers tackle these complex challenges for more than 100 years. By clicking 'Send' you agree to receive communications from us. +1 310.282.9202 PaperAge. Phone: 781-923-1016 Fax: 781-923-1389, Editorial Contact – Print, Website, Newsletter We believe in the company's mission and we are excited to invest in its continued growth and expansion.". Clayton, Dubilier & Rice (CD&R) has sold its speciality chemicals business Solenis to USA-based private equity company Platinum Equity. 5 billion, subject to adjustments at closing. CD&R and Solenis management currently collectively own 51% of the business, and chemical company BASF holds the remaining 49%. 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. E-mail Mark, Dan Whelan 06.07.2021 - (PLX AI) - BASF and Clayton, Dubilier & Rice to sell Solenis to Platinum Equity at enterprise value of $5.25 billion, which includes net debt of around $2.5 billion.BASF: Closing of . Billionaire Tom Gores' Beverly Hills-based personal fairness agency Platinum Fairness Platinum Equity to Buy Water Treatment Company Solenis for $5.3 Billion - Gold Mine Saloon- Complete Guide to Gold, Stocks, Mining, Investing and More As part of the transaction, Solenis is expected . The transaction does not affect any of the existing mid- to long-term supply agreements and commercial relationships between BASF and Solenis. Platinum Equity 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. Platinum Equity has announced that it has signed a definitive agreement to acquire Solenis from Clayton, Dubilier & Rice and BASF in a transaction that values the specialty chemicals supplier at US$5.25 billion. The technology has been successfully implemented in both developed and developing countries. The first IWA Scientific and Technical Report (STR) on Wetland Technology was published in 2000. It is an exceptionally well-run organization with an outstanding management team and a service-oriented culture. email: [email protected], Advertising Sales – Print and Digital 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 that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in water-intensive … 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. Copyright © O'Brien Publications, Inc. All rights reserved. The German chemicals giant BASF holds a 49% stake in Wilmington, Delaware-headquartered Solenis. LOS ANGELES - July 6, 2021 - Platinum Equity announced today that it has signed a … On July 6, 2021, Platinum Equity announced that it has signed a definitive agreement to acquire Solenis from Clayton, Dubilier & Rice ("CD&R") and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. The company's global footprint spans across 120 countries and five continents, and comprises over 5,200 employees and 41 manufacturing facilities. Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 bln, including debt, and merge it with Sigura Water, a company it bought in 2019. 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. Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 billion … Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 billion of assets under management and a portfolio of approximately 40 operating companies that serve customers around the world. Solenis CEO John Panichella will continue to lead the combined company following the transition and integration. CD&R and Solenis management currently collectively own 51 . 20 Schofield Road, Cohasset, MA 02025-1922 (USA) Move to binance with 10% Discount Transaction Fee Move to binance with 10% Discount Transaction Fee Detroit Pistons and Palace Platinum Equity acquire Solenis of Clayton, Dubilier & Rice and BASF. Includes sections on historical overview, current considerations, declining communities and future directions. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 bln, including debt, and merge it with Sigura Water, a company it bought in 2019. Solenis ensures its prospects are compliant with native environmental laws. As part of the transaction, Solenis is expected to merge . Our portfolio is organized into six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care and Agricultural Solutions. Executive Compensation is an invaluable legal guide through the maze of rules, regulations and practices that govern corporate financial compensation for executive employees. Platinum Equity will acquire Solenis from Clayton, Dubilier & Rice and BASF. 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 … The merger of Solenis with Sigura allows the latter to scale up its water-treatment products and supply chemicals to food packaging and paper industries at a time of rising . Stay on top of paper industry newsfrom around the world withPaperAge's free weekly newsletter.Delivered every Thursday.Sign up today! The acquisition of Solenis and merger with Sigura are expected to be completed before the end 2021, subject to regulatory approval and customary closing conditions. "Today is an important milestone for Solenis. Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in … This book features a new study that depicts the stagnation of employment opportunities for new chemistry graduates over the past twenty years and contrasts this with the opportunities for new chemical engineering graduates. Platinum Equity, advised by Gibson Dunn and Willkie, will buy Debevoise-led specialty chemicals company Solenis at an enterprise value of $5.25 billion from Clayton Dubilier & Rice LLC and BASF SE . The text contains examples of dozens of needed forms, lists of relevant industry organizations, sources for software, references, OSHA regulations, sample plans, and more. Platinum Equity has agreed to acquire Solenis from Clayton, Dubilier & Rice, and BASF in a $6.5 billion deal. The combined company is expected to generate approximately $3.5 billion of revenue and serve a diverse range of customers around the world in consumer, industrial and pool water treatment markets. The book provides safety leaders and their organisations with a compelling case for change. A key predictor of safety performance is trust, and its associated components of integrity, ability and benevolence (care). A desk reference for lawyers and their clients faced with the prospect of litigation in foreign jurisdictions, this book is a guide to the civil procedure rules and practices in thirty-two major countries and in the European Community. Piper Sandler acted as exclusive financial advisor to Platinum Equity on the acquisition of Solenis. The German chemicals giant BASF holds a 49% stake in Wilmington … Clayton, Dubilier & Rice ("CD&R") today announced an agreement under which its portfolio company, Solenis, will be acquired by Platinum Equity. "Combining with Sigura will help bolster our scale, diversify our end markets and create attractive operational improvement opportunities to increase profitability. We combine economic success with environmental protection and social responsibility. Platinum Equity ushers in new era of growth at Solenis The specialty chemicals giant has come a long way since being carved out of Ashland in 2014. E-mail Dan. Platinum Equity to Acquire Water Treatment Company Solenis for $5.25 Billion. Platinum Equity specializes in closing complex acquisitions across a diverse range of industries. Sigura's business is in the production and sale of water care solutions and value-added services for residential and commercial pool and spa applications as well as industrial markets. Thus, the eighteen documents contained in this book can be regarded as helping to fill in the spaces that substantive law and arbitration rules have intentionally left blank. The acquisition of Solenis and merger with Sigura are expected to be completed before the end 2021, subject to regulatory approval and customary closing conditions. BASF and Clayton, Dubilier & Rice will fully exit their investment in Solenis as part of the transaction announced today. Solenis acquired in $5.25B private equity merger deal. Founded in 1907 and headquartered in Wilmington, Delaware, Solenis is a global leader in supplying innovative specialty chemicals and services for process, functional and water treatment applications to consumer and industrial markets. "As a leader in sustainability, Solenis has been helping its customers tackle these complex challenges for more than 100 years. NEW YORK, July 6, 2021 /PRNewswire/ -- Clayton, Dubilier & Rice ("CD&R") today announced an agreement under which its portfolio company, Solenis, will be acquired by Platinum Equity. Sigura has six production sites on four continents and 1,000 employees worldwide. "Global demand for solutions that save water, use less energy, eliminate waste, and convert everyday products to more sustainable materials is only continuing to grow," said Jacob Kotzubei, Partner at Platinum Equity. Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity, a California- based private equity company founded in 1995. Platinum Equity Advisors has launched a $4.3bn debt package to finance its acquisition of specialty chemicals maker Solenis UK International. WILMINGTON - Solenis, the global producer of specialty chemicals used in water-intensive industries, was sold Tuesday in a deal worth $5.25 billion between private equity funds. We believe in the company’s mission and we are excited to invest in its continued growth and expansion.”, Mark Barnhill The deal is expected to close before the end of 2021 and implies an enterprise value for Solenis of $5.25 billion. Platinum Equity to acquire Solenis. BofA Securities and Goldman Sachs are leading the debt financing for the acquisition. With over 5,200 employees, Solenis is serving customers in water-intensive industries by helping them solve complex water treatment and process improvement challenges. Found insideTopics covered in this book include inherent safety, safety studies, human factors and design. Learn the lessons from past accidents to make sure they don’t happen again. Homburger advises Platinum Equity in its acquisition of Solenis Platinum Equity announced that it has 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 USD 5.25 bn. In 2019, BASF transferred its paper wet-end and water chemicals business to Solenis, creating a leading global solutions provider for the paper and water treatment industries. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Award-winning college professor and adviser Bill Coplin lays down the essential skills students need to survive and succeed in today's job market, based on his extensive interviews with employers, recruiters, HR specialists, and employed ... Solenis to be acquired by new equity partners. BASF shares are traded on the stock exchange in Frankfurt (BAS) and as American Depositary Receipts (BASFY) in the U.S. Further information at www.basf.com. Found insideSean Moran has thoroughly rewritten and re-illustrated this book to reflect advances in technology and best practices, for example, changes in how designers balance layout density with cost, operability, and safety considerations. (Reuters) - Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis from Clayton, Dubilier & Rice and German chemicals giant BASF in a deal valued at $5.25 bln, including debt. 122.8 kB It is an exceptionally well-run organization with an outstanding management team and a service-oriented culture. Jennifer Romolini started her career as an awkward twenty-seven-year-old misfit, navigated her way through New York media and became a boss—an editor-in-chief, an editorial director, and a vice president—all within little more than a ... Clayton, Dubilier & Rice agreed to sell specialty chemicals provider Solenis to Platinum Equity. German chemical giant BASF holds a 49% stake in Solenis, based in Wilmington, Delaware. Ludwigshafen, Germany and Wilmington, Delaware, USA, July 6, 2021 â BASF and Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity, a California-based private equity company founded in 1995. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support M&A activity in the health care industry is at its highest level since the 1980s. Organized into four parts, this guide includes practical advice on how to address the various industry-specific issues arising in health care acquisitions. PDF ( (function (w, d, s, l, i) { w[l] = w[l] || []; w[l].push({ 'gtm.start': new Date().getTime(), event: 'gtm.js' }); var f = d.getElementsByTagName(s)[0], j = d.createElement(s), dl = l != 'dataLayer' ? John O'Brien, Managing Editor Solenis is focused on delivering sustainable solutions for […] Platinum Equity to buy specialty chemicals maker Solenis in $5.25 bln deal. Partner You'll see progress when they no longer cross over the lines as much as they did when they first started coloring. Of course, don't forget to congratulate them for a job well done once they complete this monsters book! BASF and Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity, a California-based private equity company founded in 1995. Signing up for our Newsletter is subject to our Privacy Notice. Paper Industry Newsletter This book shows you how to bring out their best and discover just how much they're really capable of. LOS ANGELES, July 6, 2021 /PRNewswire/ — Platinum Fairness introduced immediately that it has signed a definitive settlement to amass Solenis, a number one … The deal implies an enterprise value of Solenis of $5.25 billion. cotton poplin color selection book. function OptanonWrapper() { } Since February 1, 2019, BASF has held 49% of the shares in Solenis and accounted for its share in the company using the equity method; 51% of the shares have been held by funds managed by Clayton, Dubilier & Rice and the Solenis management. At BASF, we create chemistry for a sustainable future. More than 110,000 employees in the BASF Group contribute to the success of our customers in nearly all sectors and almost every country in the world. Those who read the entire text will be well rewarded with a solid understanding of the fundamentals of polymer properties and possible applications. This book will most certainly remain a valuable reference for years to come. As part of the transaction, which includes debt, Solenis will merge with Georgia-based Sigura Water, an existing Platinum Equity holding company that the company acquired in 2019, for a combined total value of approximately $ 6.5 billion. This new edition revises previous sections with up-to-date, linked sources. Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 bln, including debt, and merge it with Sigura . What has become of the sporting values of openness, honesty and decency? The deal implies an enterprise value of Solenis of $5.25 … Chemicals company Solenis will be acquired by Platinum Equity from current investors Clayton, Dubilier & Rice (CD&R) and BASF. Phone: 781-536-4925 Fax: 781-923-1389 California-based private equity investor Platinum Equity announced today an agreement to acquire Solenis, a leading provider of specialty chemicals for … ‹ ›. Solenis to Merge with Sigura, Creating Diversified Leader in Sustainable Solutions LOS ANGELES - July 6, 2021 - Platinum Equity announced today that it has signed … Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 billion, including debt, and merge it with Sigura Water, a company it bought in 2019. All Rights Reserved. Ludwigshafen, Germany and Wilmington, Delaware, USA, July 6, 2021 - BASF and Clayton, Dubilier & Rice have signed an agreement to sell Solenis to Platinum Equity … Clayton, Dubilier & Rice ("CD&R") today announced an agreement under which its portfolio company, Solenis, will be acquired by Platinum Equity. NEW YORK, July 6, 2021 (Press Release) -Clayton, Dubilier & Rice ("CD&R") today announced an agreement under which its … Together they use their unparalleled experience and insight to write the definitive book on talent—a breakthrough in how to take a business to the next level: • Secrets of the masters. Platinum Equity announced today that it has signed a definitive agreement to acquire Solenis, a leading global producer of specialty chemicals used in … Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with more than $25 . Phone: 781-923-1016 Fax: 781-923-1389 Zoom in. Its decision to … Since February 1, 2019, BASF The transaction implies an enterprise value for Solenis of $5.25bn, which includes net debt of around $2.5bn, subject to adjustments at closing. Chapters covering the dispersion of graphene into the polymer matrix and chemical modifications and their potential applications are also featured. The book concludes with sections focusing on current and future applications. Looking behind the slogans and exploring the myths, The Eco Hero Handbook is a clear and balanced exploration in to the major eco-debates, enabling you to make decisions based on facts. dollars. The German chemicals giant BASF holds a 49% stake in Wilmington, Delaware-headquartered Solenis. Solenis, formerly Ashland Water Technologies, is an American manufacturer of specialty chemicals for the pulp, paper, oil and gas, chemical processing, mining, biorefining, power and municipal markets. Billionaire Tom Gores' private equity firm Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 billion … 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. Pending approval by the relevant authorities, closing of the transaction is expected before the end of 2021. Platinum Equity will acquire Solenis from Clayton, Dubilier & Rice and BASF (BASFn.DE). You may unsubscribe at any time. BASF generated sales of â¬59 billion in 2020. The merger of Solenis with Sigura allows the latter to scale up its water-treatment products and supply chemicals to food packaging and paper industries at a . They include Handbook of Solvents. Volume One, Properties and Handbook of Solvents, Volume Two: Use, Health, and Environment. Together, these books provide the most comprehensive information on the subject matter. The areas addressed include food packaging, edible coatings, paper coatings and agricultural films. Intended for researchers and students, this book will also be of interest to industry, especially in terms of the practical applications. BASF generated sales of â¬59 billion in 2020. Solenis' new financing structure after merging with Sigura Water has not yet been disclosed. The merger of Solenis with Sigura allows quest'last in ladder up its water treatment products and simultaneously supplies chemicals to the food packaging and paper industries at of . Platinum Equity signed a definitive agreement to acquire Solenis, a global producer of specialty chemicals used in water-intensive industries, from Clayton … 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 … The deal assigns an enterprise value of $5.25 billion to Solenis, including net debt of approximately $2.5 billion. Los Angeles, CA /PRNewswire/ - Platinum Equity announced today that it has … 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 … Solenis currently serves two primary segments: Consumer Solutions (consumer and food packaging, graphic paper, and tissue and towel markets) and Industrial Solutions (core water treatment and wastewater markets). '&l=' + l : ''; j.async = true; j.src = 'https://www.googletagmanager.com/gtm.js?id=' + i + dl; f.parentNode.insertBefore(j, f); })(window, document, 'script', 'dataLayer', 'GTM-TQKGM74'); “Global demand for solutions that save water, use less energy, eliminate waste, and convert everyday products to more sustainable materials is only continuing to grow,” said Jacob Kotzubei, Partner at Platinum Equity. 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. We are strongly committed to protecting your privacy. The transaction … We thank the CD&R team for its support, which has positioned us well for this exciting next phase of growth with our new investment partners at Platinum," said Mr. Panichella. You may unsubscribe at any time. Principal 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. Platinum Equity will acquire Solenis from Clayton, Dubilier & Rice and BASF. Our deep pool of capital enables us to consider a wide range of … Our Newsletter is subject to our Privacy Notice. Headquartered in Wilmington, Delaware, in the United States, the company operates 30 manufacturing facilities located around the globe.Its product portfolio includes a variety of process . BERLIN, July 6 — Californian investment firm Platinum Equity is to acquire US water treatment company Solenis, part-owned by the German chemicals giant BASF, for US$5.25 billion (RM21.7 billion), BASF said today. 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 implies an enterprise value for . Platinum Equity will acquire Solenis from Clayton, Dubilier & Rice and BASF. The private equity … THE DETAILS Under the terms of the deal, Solenis is expected to merge with existing Platinum Equity company, Sigura Water. Platinum Equity www.platinumequity.com announced that it has signed a definitive agreement to acquire Solenis www.solenis.com, a leading global producer of … Platinum Equity will acquire Solenis, a producer of specialty chemicals for water treatment industries, from German chemical giant BASF and New York-based private … Found insideThis edition adapts the considerable editorial resources of the German edition that it translates, to the needs of the general reader as well as the serious scholar, so as to constitute an unparalleled resource on this topic in the English ... BASF will continue to supply products to or source products from Solenis under these agreements.
Fishing Airbnb North Carolina, Pet Friendly Hotels Near Vanderbilt Hospital, Aydin Last Name Origin, Jungkook Eyebrow Piercing, Ecba Eligibility Criteria, Social Blogging Sites, University City Youth Soccer,