Solenis and NCH Corporation have announced a definitive agreement to merge, with Solenis acquiring 100% of NCH stock. This merger aims to create a more diversified and customer-centric provider of water and hygiene solutions, enhancing Solenis' position as a global leader in the industry. The Levy Family, which has owned NCH since its inception in 1919, will become the largest minority shareholder in Solenis. Financial terms of the deal have not been disclosed.

The transaction is expected to close by the end of 2025, pending regulatory approvals and customary conditions. Until the merger is finalized, both companies will continue to operate independently.

Solenis, headquartered in Wilmington, Delaware, is a prominent provider of water and hygiene solutions and was acquired by Platinum Equity in 2021. NCH is recognized as a quality leader in middle-market water treatment and industrial solutions.

John Panichella, CEO of Solenis, emphasized the merger's potential to enhance customer experience by combining Solenis' global reach with NCH's established middle-market presence. He noted that the merger would create a more diversified business with increased scale and improved customer service capabilities, while also providing cross-selling opportunities to meet growing demand for sustainable and digital solutions.

The Levy family expressed their commitment to the future of the company, stating that merging with Solenis is the best way to enhance their business. They believe that this partnership will allow their associates and customers to thrive.

Chris Wright, President of NCH Global Chemical, echoed this sentiment, highlighting that the merger would amplify opportunities for associates and improve service offerings for customers.

Platinum Equity Co-President Jacob Kotzubei and Managing Director Nathan Eldridge described the merger as a transformational opportunity for Solenis to diversify its business and increase its presence in the middle-market light water segment. They expressed respect for the Levy family's legacy and excitement about partnering with them.

Solenis is recognized for its sustainable innovations in water treatment, offering a wide range of products and services aimed at reducing environmental impact and enhancing operational efficiency. The company operates 70 manufacturing facilities globally and employs over 16,500 professionals across 160 countries.

NCH, founded in 1919 and headquartered in Irving, Texas, provides quality-leading water treatment and industrial solutions through its extensive network of manufacturing plants and distribution centers.

Platinum Equity, founded in 1995, is a global investment firm with approximately $50 billion in assets under management, specializing in mergers and acquisitions across various business markets.