Solenis and NCH Corporation (NCH) have entered into a definitive agreement to merge the NCH business with Solenis.
Solenis will acquire 100% of NCH stock, a move it said will create “a more diversified, customer-centric provider of water and hygiene solutions.”
The Levy Family, owners of NCH since its founding in 1919, will become the largest minority shareholder in Solenis.
The transaction is expected to close by the end of 2025 following regulatory approvals and other customary conditions.
The two companies will continue to operate as independent companies until the transaction is complete.
John Panichella, Chief Executive Officer, Solenis, said: “The merger presents a unique opportunity to unite our complementary businesses.
“By leveraging Solenis’ global reach and NCH’s established presence in the middle market, we can enhance the customer experience through Solenis’ 360 approach.”
