Solenis has announced its plans to acquire the paper business of Africa-based ChemSystems, a division of AECI Ltd.
The transaction is expected to close in the second quarter of 2020.
Headquartered in Johannesburg, South Africa, ChemSystems produces and supplies specialized chemical solutions for water-intensive industries, including the pulp, paper and tissue manufacturing industries in South Africa and Sub-Saharan Africa.
Until this acquisition, the business was Solenis’ pulp and paper specialty chemical distributor in Africa.
“This is an excellent opportunity to continue to consolidate our channel to market after the recent successful merger of BASF’s paper and water chemicals business with Solenis,” said John Panichella, president and CEO of Solenis.
“We have had an exceptional working relationship with ChemSystems for many years and this acquisition will allow Solenis to directly provide value to pulp, paper and tissue markets in South Africa.”
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