# Platinum Equity to acquire Solenis for $5.25B and merge with Sigura Water

Platinum Equity signed a definitive agreement to acquire Solenis, a specialty chemicals producer, from CD&R and BASF for an enterprise value of $5.25 billion. Solenis will merge with Sigura Water for a combined transaction value of ~$6.5 billion.

- Type: Acquisition
- Announced: 2021-08-24
- Where: United States
- Value: $5.25B
- Status: announced
- Products: specialty chemicals for water treatment
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (partner)
- [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) (target)

## Sources

- [paperindustryworld.com](https://www.paperindustryworld.com/platinum-equity-acquires-solenis/), 2021-08-24: "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."

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