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US-based specialty chemicals company will take the I&I cleaning and hygiene company private.
March 10, 2023
By: Christine Esposito
Editor-in-Chief
Specialty chemicals company Solenis has entered into an agreement to acquire Diversey in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Upon completion of the merger, Diversey will become a private company. Bain Capital, which invested in Diversey in 2017 and subsequently took the company public in 2021, is currently the largest shareholder of the industrial cleaning and hygiene company. Diversey is based in Fort Mill, SC and was ranked No. 13 in Happi’s ...
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