Solenis LLC, north Wilmington, closed on its previously announced acquisition of the business and assets of Nopco Colombiana S.A.
Headquartered in Medellin, Colombia, Nopco Colombiana is a leading producer and supplier of specialized chemical solutions for water intensive industries, including pulp and paper, oil and gas, food and beverage and other industrial markets in Central and South America. The business will be integrated into Solenis as part of its strategy in emerging markets.
“This acquisition represents Solenis’ commitment to direct channel investments in strategic growth markets”, stated John Panichella, CEO. “The addition of Nopco Colombiana allows Solenis to expand its capabilities to serve the growing process and water treatment markets in Central and South America.”
“The strategic location of Nopco Colombiana’s production facility along with a talented commercial team, grants Solenis the opportunity to provide its broad technology portfolio to better serve the local market”, said José Armando Piñón Aguirre, vice president, Latin America. “We are initiating the integration of Nopco Colombiana’s business into Solenis, establishing Solenis’ solutions service model to create enhanced value for customers.”
