Piper Sandler Advises Platinum on Acquisition of Solenis from CD&R and BASF
Caribbean News Global July 6, 2021 MINNEAPOLIS–(BUSINESS WIRE)–$PIPR—Piper Sandler & Co. chemicals & materials investment banking group (The Valence Group) announced today that it has advised Platinum Equity on its acquisition of Solenis, a leading global producer of specialty chemicals used in water-intensive industries, from Clayton, Dubilier & Rice (“CD&R”) and BASF in a transaction that implies an enterprise value for Solenis of $5.25 billion. As part of the transaction, Solenis is expected to merge with Sigura Water, an existing Platinum Equity portfolio company the...
Source: caribbeannewsglobal.com