# Platinum Equity to acquire Pelican Products

Platinum Equity has signed a definitive agreement to acquire Pelican Products Inc., a manufacturer of protective cases and equipment. The transaction is expected to close by the end of 2021.

- Type: Acquisition
- Announced: 2021-11-04
- Where: Wilmington, Delaware, United States
- Value: $5.25B
- Status: announced
- Products: protective cases, injection-molded products, roto-molded products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.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)
- [Platinum Equity](https://endata.com/companies/1087.md) (acquirer)
- [CD&R](https://endata.com/companies/13706.md) (partner)
- [Solenis](https://endata.com/companies/15656.md) (target)
- [Sigura Water](https://endata.com/companies/56259.md) (target)
- [Pelican Products](https://endata.com/companies/58845.md) (target)

## Sources

- [recorder.com](https://recorder.com/2021/11/04/pelican-products-to-be-acquired-by-global-investment-firm-43226303/), 2021-11-04: "Platinum has a record for helping companies like Pelican."
- [solenis.com](https://www.solenis.com/en/resources/news-releases/2021/platinum-equity-solenis-acquisition/), 2021-11-09: "Solenis has been acquired by Platinum Equity from Clayton, Dubilier & Rice (CD&R) and BASF in a transaction worth $5.25 billion."
- [wateronline.com](https://www.wateronline.com/doc/platinum-equity-completes-acquisition-of-water-treatment-company-solenis-0001), 2021-11-09: "Platinum Equity announced today it has completed the acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries."
- [platinumequity.com](https://www.platinumequity.com/news/why-solenis-sigura-water-6-5-billion-merger-is-a-good-fit-for-platinum-equity/), 2021-12-20: "Platinum Equity announced the closing of Solenis on Nov. 9, a $5.25 billion acquisition from previous owners, CD&R 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.
