 Home > Chemicals Industry > International Chemical > BASF sells Solenis to Platinum Capital

BASF sells Solenis to Platinum Capital

 Last Update: 2021-08-07
 Source: Internet
 Author: User

Tags

entresto 49 51

diamond making process

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

Recently, BASF and Clayton, Dubilier & Rice signed an agreement to sell Solenis to Platinum Equity
.

The transaction means that Solenis’ corporate value is US$5.

It is reported that Platinum Capital is a private equity company established in California in 1995
.

Since February 1, 2019, BASF holds 49% of Solenis shares and calculates its share in Solenis in accordance with the equity method; 51% of the shares are managed by funds managed by Ceduris and Solenis.

As part of the transaction, BASF and Kedurer will completely withdraw their investment in Solenis
.

The transaction does not affect any existing medium and long-term supply agreements and commercial relationships between BASF and Solenis

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

4-acryloylmorpholine ACMO

CAS No.: 5117-12-4

top

$3.39/KG EXW

UV-531

CAS No.: 1843-05-6

$7-8/MT FOB

benzotriazole ultraviolet absorbers UV-P

CAS No.: 2440-22-4

$7-8/MT FOB

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.