Solenis to Acquire Nopco Colombiana S.A.
Solenis, Wilmington, Del., USA, has 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 third quarter of 2017, following receipt of customary regulatory approvals.
Headquartered in Medellin, Colombia, Nopco Colombiana employs more than 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.
"This acquisition will strengthen our portfolio for the water treatment market and enable us to better serve the growing Central and South American markets through expanding our production footprint and customer service capabilities," said José Armando Piñón Aguirre, VP, Latin America, Solenis.
Solenis product portfolio includes a broad array of process, functional, and water treatment chemistries as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, and minimize environmental impact. The company has 37 manufacturing facilities strategically located around the globe and employs a team of approximately 3,700 professionals in 118 countries across five continents.
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