Solenis LLC has signed an agreement to acquire the shares in Lostris International B.V. and Wester Blend B.V., privately-held companies primarily focused on supplying specialty chemicals to the pulp and tissue and towel markets. The transaction is expected to close in the 2Q 2016, following receipt of customary regulatory approvals in Germany.

Solenis to acquire Lostris International B.V. and Wester Blend B.V.

15:25 / April 19, 2016

Apr 20, 2016. /Lesprom Network/. Solenis LLC has signed an agreement to acquire the shares in Lostris International B.V. and Wester Blend B.V., privately-held companies primarily focused on supplying specialty chemicals to the pulp and tissue and towel markets. The transaction is expected to close in the 2Q 2016, following receipt of customary regulatory approvals in Germany, as the company says in the press release received by Lesprom Network.

"Lostris’ and Wester Blend’s capabilities complement the current Solenis offerings in the global pulp, and tissue and towel markets,” said John Panichella, president and CEO, Solenis. “In addition to a strong channel-to-market, Lostris produces unique defoamer formulations, pitch dispersants, and scale control chemistries for the pulp market. It also provides complementary crepe and release products that will further bolster our tissue and towel product range.”

Solenis is a leading global producer of specialty chemicals for the pulp, paper, oil and gas, chemical processing, mining, biorefining, power and municipal markets.

Lesprom Network

Solenis to acquire Lostris International B.V. and Wester Blend B.V.

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