Solenis buys Nopco Holding AS
WILMINGTON — Solenis, a global specialty chemical company headquartered in Wilmington, has completed acquisition of all shares of Nopco Holding AS and its subsidiaries.
Solenis has 35 manufacturing plants around the world and employees about 3,500 professionals on five continents in its specialty chemicals business.
Nopco is a producer and supplier of advanced chemical solutions for the pulp and paper industry that makes defamers and drinking technologies.
“The purchase of Nopco represents another milestone in Solenis’ growth strategy, adding new and complementary products to our portfolio that deliver value to our customers,” stated John Panichella, president and CEO.
“We are excited to combine Nopco’s unique technologies with Solenis’ strong channel to market,” said Vice President Ludwig Krapsch. “We are embarking on integrating the Nopco business and its talented teams into Solenis, creating enhanced capabilities for our customers.”