Solenis acquires Brazil's Quimatec

Delaware, US, based chemicals and reagents manufacturer Solenis has completed the acquisition of 35-year-old Brazil firm Quimatec Produtos Químicos, months after the latter was being touted as a significant new stockmarket listing by American pension fund Aflg Investments

Solenis acquires Brazil's Quimatec Solenis acquires Brazil's Quimatec Solenis acquires Brazil's Quimatec Solenis acquires Brazil's Quimatec Solenis acquires Brazil's Quimatec

Quimatec was the subject last year of a US$50 million investment by Aflg, which indicated the Brazil chemical maker and supplier could become an initial public offering (IPO) raising as much as US$250