Solenis Acquires Clearon Corp.

Solenis Acquires CedarChem LLC

October 3, 2023

Manufacturing

Solenis, a Wilmington, Delaware-based specialty chemicals producer owned by Platinum Equity, acquired CedarChem LLC and its operating assets on October 2, 2023. CedarChem, headquartered in Cedartown, Georgia, supplies water and wastewater treatment products to industrial and municipal customers in the southeastern United States; the deal expands Solenis' product and service capabilities and regional go-to-market presence.

Solenis Acquires Diversey for $4.6 Billion

March 8, 2023

Industrial Services

Solenis, a Platinum Equity–backed specialty chemicals company, agreed to acquire Diversey Holdings, Ltd. in an all-cash transaction valued at an enterprise value of approximately $4.6 billion, taking Diversey private. The combination expands Solenis's product and service capabilities across water management, cleaning and hygiene, creates cross-selling opportunities and broadens the combined company's global scale and reach.

Solenis Acquires Aqua ChemPacs

June 12, 2024

Manufacturing

Solenis, a global specialty chemicals producer, acquired Aqua ChemPacs, LLC, a Huntingdon Valley, Pennsylvania-based manufacturer of dissolvable concentrated liquid chemical packs, on June 10, 2024. The deal adds Aqua ChemPacs' eco-friendly ChemPacs technology and low-carbon-footprint packaging to Solenis' Diversey portfolio, expanding the company's institutional cleaning and sustainability capabilities.

Platinum Equity Acquires Solenis and Combines It With Sigura Water

November 9, 2021

Manufacturing

Platinum Equity has completed its acquisition of specialty chemicals maker Solenis from Clayton, Dubilier & Rice and BASF for an enterprise value of $5.25 billion and simultaneously merged Solenis with Platinum-owned Sigura Water, creating a combined business with approximately $3.5 billion in revenue. The combined company expands Solenis' portfolio into residential and commercial pool & spa treatment markets, increases geographic reach and manufacturing scale, and will be led by Solenis CEO John Panichella with Sigura's Robert Baird heading the new Pool Solutions division.

Hayward Holdings Acquires ChlorKing

June 26, 2024

Manufacturing

Hayward Holdings, Inc. has acquired ChlorKing, a U.S. leader in commercial pool saline chlorinators and UV disinfection systems, to expand its commercial water treatment technology and product offering. ChlorKing will continue to operate from its Atlanta, Georgia facility and its team and products will be integrated into Hayward's commercial product portfolio.

Allentown, LLC Acquires ClorDiSys Solutions, Inc.

January 8, 2024

Medical Devices

Allentown, LLC, a portfolio company of Aterian Investment Partners, has acquired ClorDiSys Solutions, Inc., a Branchburg, New Jersey-based provider of chlorine dioxide-based sterilization equipment and contract sterilization services. The deal is an add-on acquisition to Allentown's platform that expands its decontamination, disinfection and medical device sterilization capabilities for life sciences, biomedical research and adjacent medical device markets.