# Platinum Equity to acquire Solenis for $5.25 billion

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.

- Type: Acquisition
- Announced: 2021-07-06
- Where: Wilmington, Delaware, United States
- Value: $5.25B
- Status: announced
- Products: specialty chemicals for water treatment
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (investor)
- [BASF](https://endata.com/companies/298.md) (partner)
- [Clayton Dubilier & Rice](https://endata.com/companies/530.md) (investor)
- [Clayton Dubilier & Rice](https://endata.com/companies/530.md) (partner)
- [Platinum Equity](https://endata.com/companies/1087.md) (acquirer)
- [Solenis](https://endata.com/companies/15656.md) (target)
- [Sigura Water](https://endata.com/companies/56259.md) (partner)
- [Sigura Water](https://endata.com/companies/56259.md) (target)
- [Sigura](https://endata.com/companies/56384.md) (partner)
- [Unical Aviation](https://endata.com/companies/56539.md) (target)

## Sources

- [platinumequity.com](https://www.platinumequity.com/news/platinum-equity-to-acquire-water-treatment-company-solenis/), 2021-07-06: "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."
- [prnewswire.com](https://www.prnewswire.com/news-releases/platinum-equity-to-acquire-water-treatment-company-solenis-for-5-25-billion-301325885.html), 2021-07-06: "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."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/KEMIRA-OYJ-1412476/news/Kemira-Oyj-REFILE-UPDATE-2-Platinum-Equity-to-buy-specialty-chemicals-maker-Solenis-in-5-25-bln-d-35797093/), 2021-07-06: "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."
- [solenis.com](https://www.solenis.com/en/resources/news-releases/2021/platinum-equity-to-acquire-solenis/), 2021-07-06: "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 bi"
- [reuters.com](https://www.reuters.com/article/world/platinum-equity-to-buy-specialty-chemicals-maker-solenis-in-5-25-bln-deal-idUSL2N2OI1RJ/), 2021-07-06: "Platinum Equity said on Tuesday it would buy specialty chemicals maker Solenis in a deal valued at $5.25 billion"
- [prnasia.com](https://www.prnasia.com/lightnews/lightnews-1-102-35175.shtml), 2021-07-07: "Platinum Equity宣布已签署了一项最终协议，从Clayton, Dubilier & Rice(“CD&R”)和巴斯夫(BASF)手中收购Solenis"
- [cen.acs.org](https://cen.acs.org/business/mergers-&-acquisitions/Water-treatment-chemical-firm-Solenis/99/i25), 2021-07-09: "Platinum intends to combine Solenis with a water treatment company it owns, Sigura, to create a firm with $3.5 billion in annual revenues."
- [watertechonline.com](https://www.watertechonline.com/industry/article/14206855/solenis-to-merge-with-sigura-water-as-part-of-acquisition), 2021-07-15: "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."
- [platinumequity.com](https://www.platinumequity.com/news/platinum-equity-to-acquire-global-aerospace-supply-chain/), 2021-07-19: "Platinum Equity announced today it has signed a definitive agreement to acquire Unical Aviation Inc."
- [prnewswire.com](https://www.prnewswire.com/news-releases/platinum-equity-to-acquire-global-aerospace-supply-chain-services-provider-unical-aviation-301336495.html), 2021-07-19: "Platinum Equity announced today it has signed a definitive agreement to acquire Unical Aviation Inc. and certain of the company's affiliates, a leading provider of aircraft parts and components to the global commercial aerospace market."
- [privateequityinternational.com](https://www.privateequityinternational.com/platinum-equity-to-buy-unical-aviation/), 2021-07-19: "Platinum Equity has agreed to acquire Unical Aviation, a provider of aircraft parts and components to the global commercial aerospace market."
- [platinumequity.com](https://www.platinumequity.com/news/platinum-equity-completes-acquisition-of-global-aerospace/), 2021-08-16: "Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company’s affiliates."
- [prnewswire.com](https://www.prnewswire.com/news-releases/platinum-equity-completes-acquisition-of-global-aerospace-supply-chain-services-provider-unical-aviation-301355853.html), 2021-08-16: "Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc."

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