M&A Deal Summary

Koch Separation Solutions Acquires LIONEX Technology

On June 24, 2022, Koch Separation Solutions acquired chemicals company LIONEX Technology from Chemionex

Acquisition Highlights
  • This is Koch Separation Solutions’ 1st transaction in the Chemicals sector.
  • This is Koch Separation Solutions’ 1st transaction in Canada.
  • This is Koch Separation Solutions’ 1st transaction in Ontario.

M&A Deal Summary

Date 2022-06-24
Target LIONEX Technology
Sector Chemicals
Buyer(s) Koch Separation Solutions
Sellers(s) Chemionex
Deal Type Divestiture

Target

LIONEX Technology

Pickering, Ontario, Canada
LIONEX Technology launch of their Li-PRO is an optimized DLE process configuration combining specialized lithium selective extraction media and leading KSS equipment including robust PURON® membrane-based pretreatment, Recoflo® packed bed lithium extraction, Recoflo softening, and high-recovery reverse osmosis (RO) concentration operations to generate a purified lithium chloride solution. LIONEX Technology is based in Pickering, Ontario.

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Buyer(S) 1

Buyer

Koch Separation Solutions

Wilmington, Massachusetts, United States

Category Company
Sector Diversified
DESCRIPTION

Koch Separation Solutions is a separation technology company transforming the landscape of separations by leveraging synergistic technology such as membrane filtration and ion exchange. KSS offers solutions for the most demanding applications across food and beverage, life science, and general industrial markets. Koch Separation Solutions is based in Wilmington, Massachusetts.


DEAL STATS #
Overall 2 of 2
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-05 Relco

Willmar, Minnesota, United States

Relco LLC is a provider of cutting-edge process technologies for the dairy and food industry. Relco's cheese systems, evaporators, drying systems, powder handling systems, and after-market solutions are designed and engineered with efficiency, durability, and reliability in mind. Relco was founded in 1982 and is based in Willmar, Minnesota.

Buy -

Seller(S) 1

SELLER

Chemionex

Pickering, Ontario, Canada

Category Company
Sector Life Science
DESCRIPTION

Chemionex is a contract process development / R&D laboratory. Chemionex is based in Pickering, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Divestiture) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1