10:16 AM, 8th March 2021
AMSTERDAM, THE NETHERLANDS: Nouryon said it has signed an agreement to divest its salt specialties business, including brands such as JOZO, NEZO, Suprasel, Sanal and KNZ, to the Salins Group, an international salt company headquartered in France. The deal is expected to close in the second half of 2021, Salins Group said.
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,
Salins to Acquire Nouryon s Salt Specialties Business
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Nouryon sells its Salt Specialties business to Salins Group - Chemical Engineering
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