Business Deal Salins to Acquire Nouryon’s Salt Specialties Business
Nouryon has sold its Salt Specialties business to the Salins Group which includes three locations for the packing and distribution of specialty salt in Hengelo (The Netherlands), Mariager (Denmark), and Gothenburg (Sweden).
The Netherlands – Salins, one of the leaders in salt in Europe, has recently signed an agreement with Nouryon, to acquire its high-quality Salt Specialties business. The deal is expected to close in the second half of 2021, subject to regulatory approvals and customary closing conditions. The acquisition includes three locations for the packing and distribution of specialty salt in Hengelo (The Netherlands), Mariager (Denmark), and Gothenburg (Sweden).
Nouryon will supply Salins with high-purity vacuum salt from their mining operations near Hengelo and Mariager. This acquisition allows Salins to continue its strategic development.
"With this acquisition and the long-term partnership with Nouryon, our company is developing its core business to better serve its customers in the salt market. All our teams are looking forward to working with the over 250 employees who will join our company. In addition, this acquisition will boost our development of specialty salts in the Middle East, Far East and American countries,” says Hubert François in charge of Salins.
“I am confident that Nouryon’s Salt Specialties business will prosper under this new ownership, and we look forward to supporting its growth through the continued supply of high-quality vacuum salt,” said Philipp Polenz, Deputy President of Nobian, the salt and chlor-alkali business of Nouryon. “We are grateful to all the employees who helped to shape and build this business and we look forward to welcome Salins as an important new customer.”