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Solenis Completes the Acquisition of Lostris and Wester Blend

May 2, 2016

FOR IMMEDIATE RELEASE

WILMINGTON, Del. (USA) — Effective April 29, 2016, Solenis LLC, through its Dutch subsidiary Solenis Netherlands B.V., completed the acquisition of 100% of the shares of Lostris International B.V. and Wester Blend B.V., Dutch seller and manufacturer of specialty chemicals primarily used in the pulp and paper industry. The businesses will be integrated into Solenis as part of its strategy to broaden its process chemicals offering and expand its geographic presence.

"The purchase of Lostris and Wester Blend represents another milestone in Solenis' growth strategy adding new and complementary product offerings to our global portfolio," stated John Panichella, president and CEO. "Our global reach along with our significant applications expertise will ensure that these new technologies are available to a broader customer base."

"This is a very exciting opportunity for Solenis," said Ludwig Krapsch, vice president, Pulp and Paper Division EMEA. "We will now embark on an efficient integration of our two businesses and their talented teams into one Solenis that creates enhanced value for our clients."

Press Release in German

<div class="line">&nbsp;</div> <h2>About Solenis</h2> <p>Solenis is a leading global producer of specialty chemicals focused on delivering sustainable solutions for water-intensive industries, including consumer, industrial, institutional, food and beverage, and pool and spa water markets. Owned by Platinum Equity, the company&rsquo;s product portfolio includes a broad array of water treatment chemistries, process aids, functional additives, and cleaners and disinfectants, as well as state-of-the-art monitoring and control systems. These technologies are used by customers to improve operational efficiencies, enhance product quality, protect plant assets, minimize environmental impact, and create cleaner and safer environments. Headquartered in Wilmington, Delaware, the company has 69 manufacturing facilities strategically located around the globe and employs a team of over 16,100 professionals in 130 countries across six continents. Solenis is a 2024 Best Managed Company Gold Standard honoree, recognized four years in a row.</p> <p>For additional information about Solenis, please visit <a href="/en/">www.solenis.com</a> or follow us on social media.</p>

FOR FURTHER INFORMATION

Global

Catherine (Katy) Abernathy

Vice President, Corporate Communications