Solenis, a global leader in water and hygiene solutions, and NCH Corporation (NCH), a trusted provider of middle-market water treatment and industrial solutions, announced a definitive agreement to merge the two businesses. Under the terms of the agreement, Solenis will acquire 100% of NCH’s stock, bringing together two complementary organizations to create a stronger, more diversified platform focused on customer value, innovation, and global service.
Headquartered in Wilmington, Delaware, Solenis was acquired by Platinum Equity in 2021 and has since grown into a leading global provider of sustainable water treatment and hygiene solutions. NCH, with its deep legacy of quality service and field expertise, brings a strong presence in the middle-market segment, known for on-site service and industrial problem-solving.
“The merger presents a unique opportunity to unite our complementary businesses. By leveraging Solenis’ global reach and NCH’s established presence in the middle market, we can enhance the customer experience through Solenis’ 360 approach. Joining forces creates a more diversified business with increased scale, an expanded global footprint, and superior customer service capabilities. Together, the newly combined company will provide attractive cross-selling opportunities, including meeting the increasing customer demand for sustainable and digital solutions,” said John Panichella, Chief Executive Officer, Solenis.
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In a statement, the Levy family expressed their commitment to the company’s future: “Our grandfather started NCH over a century ago to provide customers with the highest quality solutions, served by the best trained professionals. Since then, our family and associates have diligently pursued that vision and merging with Solenis is the best way to take a great business and make it even better. We are committed to our associates and customers and know they will continue to thrive with Solenis.”
“Solenis and NCH will be better together,” said Chris Wright, President, NCH Global Chemical. “Joining forces will amplify opportunities for our associates around the world. We’re excited to merge with a truly great company, which allows us to better serve our customers through a broader product and service offering.”
“We believe this is a transformational opportunity to help Solenis further diversify its business and increase its exposure to the attractive middle-market light water segment,” said Platinum Equity Co-President Jacob Kotzubei and Managing Director Nathan Eldridge in a joint statement. “We have great respect for the Levy family and everything they have built over the years, and we are excited to be their partners.”