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Solenis Completes Acquisition Of Diversey For $4.6 Billion

Jul 05, 2023over 2 years ago

Acquiring Company

Solenis

Acquired Company

Diversey

Description

Solenis, a leading manufacturer of specialty chemicals used in water-intensive industries, has completed its previously announced acquisition of Diversey Holdings, Ltd., effective July 5, in an all-cash transaction valued at an enterprise value of approximately $4.6 billion. Diversey is a leading provider of hygiene, infection prevention and cleaning products and technology.

Company Information

Company

Solenis

About

More than a specialty chemical company, Solenis offers the right people, experience and technology needed to solve the toughest water treatment and process challenges.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed