# Solenis and BASF combine paper and water chemicals businesses

Solenis and BASF signed an agreement to combine BASF's paper and water chemicals business with Solenis to create a global specialty chemical company operating under the Solenis brand. The transaction is expected to close around the end of 2018.

- Type: Acquisition
- Announced: 2018-06-15
- Value: $960.0M
- Status: announced
- Products: paper chemicals, industrial water treatment chemicals
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (partner)
- [BASF](https://endata.com/companies/298.md) (target)
- [Clayton Dubilier & Rice](https://endata.com/companies/530.md) (investor)
- [Solenis](https://endata.com/companies/15656.md) (acquirer)

## Sources

- [wcponline.com](https://wcponline.com/2018/06/15/europe-basf-agreement-announced/), 2018-06-15: "It will be positioned to provide expanded offerings and cost-effective solutions for customers in two specialty chemical businesses, paper technologies and industrial water technologies."
- [everchem.com](https://everchem.com/q2-chemical-industry-m-a-summary/), 2018-07-10: "BASF | Solenis (Clayton, Dubilier & Rice) | merger of BASF’s wet-end and water chemicals business into Solenis (BASF to retain 49%) – $960s for BASF business, $2,900s combined"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.