Solenis

Solenis Acquires CedarChem, Enhancing Water and Wastewater Treatment Capabilities in Southeastern U.S.

Retrieved on: 
Tuesday, October 3, 2023
Acquisition, Water, Solenis

WILMINGTON, Del., Oct. 3, 2023 /PRNewswire/ -- Solenis, a leading global producer of specialty chemicals for water-intensive industries, completed the acquisition of CedarChem LLC on October 2, 2023. As part of the acquisition, Solenis will acquire all CedarChem operating assets.

Key Points: 
  • As part of the acquisition, Solenis will acquire all CedarChem operating assets.
  • Headquartered in Cedartown, Georgia, CedarChem offers a full suite of water and wastewater treatment products for industrial and municipal markets, primarily in the southeastern U.S.
  • The acquisition aligns with Solenis' direct go-to-market strategy to provide customers with improved chemical and wastewater treatment product and service offerings.
  • "We are pleased to combine their talented team of professionals with the Solenis team.

Solenis Completes Acquisition of Diversey for $4.6 Billion

Retrieved on: 
Thursday, July 6, 2023
LLP, Bain Capital, Platinum Equity, BofA Securities, Hygiene, Goldman Sachs, Acquisition, Willkie Farr & Gallagher, Gibson Dunn, Platinum, Renewable energy, Security (finance), Diversey, Solenis

WILMINGTON, Del., July 6, 2023 /PRNewswire/ -- 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.

Key Points: 
  • With the acquisition, Solenis has grown to an enterprise operating in over 130 countries with 71 manufacturing facilities and more than 15,000 employees.
  • Headquartered in Wilmington, Delaware, Solenis was acquired by Platinum Equity in 2021.
  • Bain Capital, the majority shareholder of Diversey, will hold a minority stake in Solenis as a result of this transaction.
  • Gibson, Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity and Solenis.

Solenis Completes Acquisition of Diversey for $4.6 Billion

Retrieved on: 
Wednesday, July 5, 2023
LLP, Bain Capital, Platinum Equity, BofA Securities, Multimedia, Hygiene, Goldman Sachs, Acquisition, Willkie Farr & Gallagher, Gibson Dunn, Platinum, Tissue paper, Renewable energy, Security (finance), Online shopping, Diversey, Solenis

WILMINGTON, Del., July 5, 2023 /PRNewswire/ -- 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.

Key Points: 
  • With the acquisition, Solenis has grown to an enterprise operating in over 130 countries with 71 manufacturing facilities and more than 15,000 employees.
  • Headquartered in Wilmington, Delaware, Solenis was acquired by Platinum Equity in 2021.
  • Bain Capital, the majority shareholder of Diversey, will hold a minority stake in Solenis as a result of this transaction.
  • Gibson, Dunn & Crutcher LLP provided legal counsel and Willkie Farr & Gallagher LLP provided debt financing counsel to Platinum Equity and Solenis.

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MMP, DSEY, BGRY

Retrieved on: 
Friday, May 19, 2023
Berkshire Grey, ONEOK, Berkshire, Sale, Diversey, Diversey Holdings, Magellan Midstream Partners, Advertising, Ferdinand Magellan, Fraud, NYSE, Security (finance), Solenis

If you are a Magellan shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Magellan shareholder, click here to learn more about your rights and options .
  • If you are a Diversey shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

DIVERSEY HOLDINGS INVESTOR ALERT by The Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diversey Holdings, Ltd. - DSEY

Retrieved on: 
Thursday, May 18, 2023
Class Action Lawsuit, Professional Services, Legal, KSF, Diversey Holdings, Sale, Diversey, Solenis

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diversey Holdings, Ltd. (NasdaqGS: DSEY) to Solenis.

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diversey Holdings, Ltd. (NasdaqGS: DSEY) to Solenis.
  • Under the terms of the proposed transaction, shareholders of Diversey will receive $8.40 in cash for each share of Diversey that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

SHAREHOLDER ALERT: Weiss Law Reminds MYBF, KBAL, DSEY, and UNVR Shareholders About Its Ongoing Investigations

Retrieved on: 
Wednesday, May 3, 2023
Kimball International, Univar Solutions, Bain Capital, HNI, Curie–Weiss law, Multimedia, Apollo, Diversey Holdings, Acquisition, HNI Corporation, OTC, Law, KBAL, NYSE, Security (finance), Solenis

Under the merger agreement, MYBF shareholders will receive 0.9259 shares of CCFNB Bancorp common stock for each share of MYBF common stock owned, representing implied per-share consideration of $63.11 based upon CCFNB Bancorp's May 2, 2023 closing price of $39.00.

Key Points: 
  • Under the merger agreement, MYBF shareholders will receive 0.9259 shares of CCFNB Bancorp common stock for each share of MYBF common stock owned, representing implied per-share consideration of $63.11 based upon CCFNB Bancorp's May 2, 2023 closing price of $39.00.
  • Under the merger agreement, DSEY shareholders (other than shareholders affiliated with Bain Capital Private Equity ("Bain Capital")) will receive $8.40 in cash for each share of DSEY common stock owned.
  • Under the merger agreement, UNVR shareholders will receive $36.15 in cash for each UNVR share, valuing UNVR at $8.1 billion.
  • If you own UNVR shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/unvr
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SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates ROCC, RADI, KBAL, DSEY

Retrieved on: 
Tuesday, April 18, 2023
Kimball International, HNI, Sale, Diversey, Ranger Oil Corporation, Diversey Holdings, Primary energy, EQT, Advertising, HNI Corporation, Fenthion, Fraud, Security (finance), Ranger, Solenis

If you are a Ranger shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Ranger shareholder, click here to learn more about your rights and options .
  • If you are a Radius shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER ALERT: Weiss Law Reminds KBAL, DSEY, UNVR, and MPB Shareholders About Its Ongoing Investigations

Retrieved on: 
Monday, April 10, 2023
Kimball International, Univar Solutions, Bain Capital, HNI, Multimedia, Diversey Holdings, Acquisition, HNI Corporation, OTC, Law, Abu Dhabi Investment Council, Abu Dhabi Investment Authority, KBAL, NYSE, MPB, Solenis

Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Kimball International, Inc. (NASDAQ: KBAL), in connection with the proposed acquisition of KBAL by HNI Corporation ("HNI").

Key Points: 
  • Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Kimball International, Inc. (NASDAQ: KBAL), in connection with the proposed acquisition of KBAL by HNI Corporation ("HNI").
  • Under the terms of the merger agreement, DSEY shareholders (other than shareholders affiliated with Bain Capital Private Equity ("Bain Capital")) will receive $8.40 in cash for each share of DSEY common stock owned.
  • Under the merger agreement, UNVR shareholders will receive $36.15 in cash for each UNVR share, valuing UNVR at $8.1 billion.
  • The transaction includes a minority investment from the Abu Dhabi Investment Authority ("ADIA").

SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates DSEY, UNVR, CVT

Retrieved on: 
Thursday, March 30, 2023
Diversey, Blackstone, Diversey Holdings, Cvent, Fraud, NYSE, Advertising, Sale, Security (finance), Univar Solutions, Solenis

If you are a Diversey shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Diversey shareholder, click here to learn more about your rights and options .
  • If you are a Univar shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER ALERT: The M&A Class Action Firm Continues Investigating the Merger – UNVR, DSEY, CVT, ROCC

Retrieved on: 
Wednesday, March 29, 2023
Univar Solutions, Empire, Sale, Diversey Holdings, Primary energy, ROCC, Monteverde, Blackstone Inc., CVT, NYSE, Apollo Global Management, Security (finance), Fenthion, Solenis

Under the terms of the agreement, UNVR shareholders will receive $36.15 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, UNVR shareholders will receive $36.15 in cash per share they own.
  • Under the terms of the agreement DSEY shareholders are expected to receive $8.40 in cash per share they own.
  • Cvent Holding Corp. (NASDAQ: CVT ), relating to its sale to equity funds managed by Blackstone Inc. Click here for more information: https://www.monteverdelaw.com/case/cvent-holding-corp .
  • Under the terms of the agreement, ROCC shareholders are expected to receive 7.49 shares of Baytex and $13.31 in cash per share they own.