# Solenis to acquire Diversey for $4.6 billion

Solenis has entered into a definitive merger agreement to acquire Diversey, a provider of hygiene and cleaning solutions, in an all-cash transaction valued at approximately $4.6 billion enterprise value. Diversey shareholders will receive $8.40 per share in cash.

- Type: Acquisition
- Announced: 2023-03-08
- Where: United States
- Value: $4.60B
- Status: announced
- Products: hygiene solutions, infection prevention solutions, cleaning solutions
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Diversey](https://endata.com/companies/14856.md) (target)
- [Solenis](https://endata.com/companies/15656.md) (acquirer)

## Sources

- [solenis.com](https://www.solenis.com/en/resources/news-releases/2023/solenis-diversey-agreement/), 2023-03-08: "The merger presents a unique opportunity to enhance value and create a more diversified business with increased scale, broader global reach, and superior customer service capabilities."
- [waterworld.com](https://www.waterworld.com/water-utility-management/article/14291507/the-water-sectors-major-acquisitions-of-early-2023), 2023-03-24: "Solenis, a provider of treatment solutions for both municipal and industrial water, announced on March 8, 2023 that it entered into an agreement to acquire Diversey Holdings for $4.6 billion."

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