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Platinum Equity has signed a definitive agreement to acquire Solenis, a specialty chemicals producer for water-intensive industries, from Clayton, Dubilier & Rice and BASF for an enterprise value of $5.25 billion. Solenis will merge with Platinum Equity's portfolio company Sigura Water.
“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.”platinumequity.com
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