Acquisitions

Solenis completes the acquisition of Poliquímicos

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Last July Solenis has completed the acquisition of 100% of the outstanding shares of Poliquímicos . Headquartered in Mexico City, Mexico, Poliquímicos is a leading producer and supplier of specialized chemical solutions for water-intensive industries, including the pulp and paper markets in Mexico. The business will be integrated into Solenis as part of its direct-to-market strategy. «The acquisition of Poliquímicos will enhance Solenis’ direct sales channel in the Mexican market and improve our production capabilities in the region,» says John Panichella, CEO, Solenis. «With more than 46 years of history in Mexico, we are thrilled to welcome the Poliquímicos team and are excited to provide them with the full suite of Solenis products to better serve our customers». «The strategic location of the Poliquímicos production facility, a strong position in the packaging market, along with a talented commercial team, provides Solenis the opportunity to better serve the Mexican market,» says José Armando Piñón Aguirre, Vice-President, Latin America, Solenis. «We will integrate the Poliquímicos’ business into Solenis during the next few months to ensure a seamless transition for customers in Mexico».