BASF, Solenis Find Common Ground in Water
On 2 May 2018, BASF and Solenis signed an agreement to combine BASF’s paper wet-end and water chemicals business with that of Solenis. Ownership of the new company, retaining the Solenis name, will be held by Clayton, Dubilier & Rice managed funds and BASF.
Central to this transaction is Solenis’ experience in the pulp and paper segment. In this Research Note, Bluefield water experts analyze the strategy behind BASF’s recent acquisition and water-related M&A in the chemical sector.