Nip Impressions logo
Thu, Mar 28, 2024 19:36
Visitor
Home
Click here for Pulp & Paper Radio International
Subscription Central
Must reads for pulp and paper industry professionals
Search
My Profile
Login
Logout
Management Side

Solenis Acquires Neu Kimya Anonim Sirketi, Providing Regional Expansion in High-Growth Southeastern Europe

Solenis, a leading global producer of specialty chemicals, closed on the acquisition of Neu Kimya Anonim Şirketi ("Neu Kimya") on May 26, 2022.

Located in Istanbul, Turkey, Neu Kimya serves the heavy/light water treatment and oil and gas markets in Turkey, Southeast Europe and the Middle East. The acquisition of Neu Kimya fits well with Solenis' direct-to-market strategy and will offer customers in the region improved product and service offerings.

"We are excited to combine Neu Kimya's talented commercial team and technical capabilities with Solenis' world-class solutions to create enhanced value for our customers," said Andrea Natali, vice president and general manager, EMEA Industrial Solutions, Solenis.

"This new acquisition adds to our strategic growth plan following our recent ownership change to Platinum Equity," said John Panichella, CEO, Solenis. "With the ongoing support from the Platinum Equity team, we continue to proactively seek other opportunities for similar acquisitions that enhance our ability to serve customers."



 


 Related Articles:


 


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: