Posted Mai 30, 2017
Solenis signed an agreement to acquire the business and assets of Nopco Colombiana S.A., a producer and supplier of specialized chemical solutions for water intensive industries, including pulp and paper, oil and gas, food and beverage and other industrial markets in Central and South America. The transaction is expected to close in the 3Q 2017, following receipt of customary regulatory approvals.
Headquartered in Medellin, Colombia, Nopco Colombiana employs over 75 people. Until this acquisition, the company was Solenis’ pulp and paper specialty chemical distributor in Central and South America. Nopco Colombiana produces and distributes wet strength resins, antiscalants, dispersants and defoamers in Colombia, Ecuador and Peru.
“This is an opportunity to combine Nopco Colombiana’s position in northwestern South America with Solenis’ global direct-to-market strategy,” said John Panichella, president and CEO, Solenis.