Solenis Acquires Pulp and Paper Chemical Distribution Business in Thailand, Vietnam, Philippines and Malaysia from Connell Brothers

摘要

Solenis has completed the acquisition of the pulp and paper chemical distribution business from Connell Bros. Co. (CBC) in Thailand, Philippines, Malaysia and Vietnam. All assets and business associated with the Solenis pulp and paper business represented by CBC in these countries are part of the deal, including inventory, accounts and field equipment. Additionally, CBC sales and technical personnel will be invited to transfer to Solenis, continuing the operation of the business. "Southeast Asia is now a fast-growing pulp and papermaking territory and represents a significant growth opportunity for Solenis," said John Panichella, president and CEO. "We have worked in close collaboration with the Connell Brothers Southeast Asia team for a number of years, so this is a logical next step in our desire to provide total solutions to our customers in this market."