Solenis completes Peru buy
8th February 2023
Submitted by:
Andrew Warmington
Solenis has completed the acquisition of Lima-based Grand Invest Group, including all its production assets. This is the fifth add-on acquisition since Platinum Equity acquired Solenis itself in 2021, with more potentially to come. Terms were not disclosed.
Grand Invest Group is active in industries including pulp and paper, power, petroleum refining, municipal, oil and gas, mineral processing, fish processing and sugar production. Solenis said that the acquisition “aligns with Solenis’ direct go-to-market strategy to provide customers in the region with improved chemical and water treatment product and service offering”.