News/ Article

PRESS RELEASE

AECI CONCLUDES SALE OF ITS PAPER CHEMICALS BUSINESS UNIT

Monday, 1 June 2020

AECI Limited has concluded the sale of its paper and pulp business, within its ChemSystems division, to Solenis Technologies South Africa Proprietary Limited.

Closing of the transaction, announced on 9 March 2020, was subject to the fulfilment of certain conditions precedent. All those conditions have been fulfilled or waived in line with the sale agreement and, accordingly, the transaction was finalised today. It takes effect immediately.

Enquiries
Dean Mulqueeny
AECI Executive
Dean.mulqueeny@aeciworld.com
Tel. +27 83 251 0202


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