E+H, working with Gibson Dunn & Crutcher, has advised Solenis on its acquisition of Diversey Holdings.
Solenis, a portfolio company of investment firm Platinum Equity, is a producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries. Diversey is a provider of hygiene, infection prevention, and cleaning solutions.
According to E+H, “Solenis will acquire Diversey in an all-cash transaction valued at an enterprise value of approximately USD 4.6 billion. The merger is expected to be completed in the second half of 2023 [...] Upon completion of the 'go private' transaction, Diversey will become a private company.”
The E+H team included Partners Dominik Juster and Jana Eichmeyer and Associates Bernhard Walter, Adrian Walser, and Lorenz Bogensberger.
E+H did not respond to our inquiry on the matter.