Kemira Strengthens Its Water Solutions Business With The Acquisition Of SIDRA Wasserchemie
Kemira strengthens its Water Solutions business in Europe by acquiring SIDRA Wasserchemie. The acquisition is subject to merger clearance by the Federal Cartel Office in Germany and is expected to close during the first half of this year. The purchase price is approximately EUR 75 million, subject to usual purchase price adjustments.
SIDRA Wasserchemie is a family-owned coagulant producer with two production facilities located in Germany, serving customers in Germany, Belgium and the Netherlands. In 2024, the company’s revenue was approximately EUR 40 million and EBITDA approximately EUR 10 million. SIDRA Wasserchemie’s 60+ employees are expected to join Kemira once the acquisition has been closed.
“The acquisition of SIDRA Wasserchemie is highly synergistic and yet another important step on our path towards doubling Kemira’s water-related revenue. It will expand our footprint and presence in our core business in Western and Central Europe, where we see growing demand for coagulants,” said Tuija Pohjolainen-Hiltunen, Executive Vice President, Water Solutions at Kemira.
About Kemira
Kemira is a global leader in sustainable chemical solutions for water-intensive industries. We deliver tailored products and services to improve the product quality, processes, and resource efficiency of our diverse range of customers. Our focus is on water treatment, as well as on fiberand renewable solutions – enabling sustainability transformation for our customers. In 2024, Kemira reported annual revenue of EUR 2.9 billion with a global team of some 4,700 colleagues. For more information, visit www.kemira.com.
Source: Kemira