Solenis, a producer of specialty chemicals for water-intensive industries, completed the acquisition of CedarChem LLC this week. Solenis will acquire all CedarChem operating assets.
Headquartered in Cedartown, GA CedarChem offers a suite of water and wastewater treatment products for industrial and municipal markets, primarily in the southeastern U.S. Terms of the transactiion were not released. CedarChem is believed to have fewer than 50 employees.
The acquisition aligns with Solenis’ direct go-to-market strategy to provide customers with improved chemical and wastewater treatment product and service offerings, a release stated.
“CedarChem has a reputation for being one of the most reliable and customer-intimate suppliers of quality products and services in their market,” said Mark Wescott, vice president of the municipal/multi-business at Solenis. “We are pleased to combine their talented team of professionals with the Solenis team. Together, we will continue to provide enhanced value for our customers.”
Solenis is a global producer of specialty chemicals for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets.
Owned by Platinum Equity, the company’s product portfolio includes an array of water treatment chemistries, process aids, functional additives, cleaners, and disinfectants, as well as monitoring and control systems.
Headquartered near Wilmington, Delaware, the company has 71 manufacturing located around the globe and employs more than 15,400 in 130 countries across six continents.
The privately held comapny was formed with the acquisition of water chemicals businesses of Ashland, formerly Hercules and has continued to acquire companies under two different private equity owners. It recently acquired Diversey, a company with sales of
Annual sales are not reported, but are believed to exceed $5 billion.
