Solenis LLC has signed an agreement to acquire Quimatec Produtos Químicos Ltda. and Locatec de Araraquara Ltda-Me, aiming to enhance its offerings in Brazil’s bioethanol market.
Information on the Target
Quimatec Produtos Químicos Ltda. and Locatec de Araraquara Ltda-Me are recognized leaders in Brazil's chemical sector, specializing in providing innovative solutions for the sugar-to-ethanol industry. With a strong market presence and a reputation for advanced technology, Quimatec is strategically positioned to enhance Solenis LLC's offerings in the growing bioethanol market.
Quimatec's expertise in process chemistries complements Solenis’ extensive portfolio of water treatment products. This acquisition allows for an integration of services that can benefit both companies' customer bases by combining Quimatec's local market knowledge with Solenis' advanced technological capabilities.
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Industry Overview in Brazil
The bioethanol industry in Brazil is among the largest in the world, driven by the country’s significant sugarcane production. As a result, Brazil has established itself as a leader in the development and use of biofuels, with exte
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Solenis LLC
invested in
Quimatec Produtos Químicos Ltda. and Locatec de Araraquara Ltda-Me
in 2015
in a Buy & Build / Roll-Up deal