Bain-backed Italmatch Chemicals acquired BWA Water Additives.

Bain-backed Italmatch Chemicals acquired BWA Water Additives, a provider of sustainable water management solutions for the oil & gas, industrial water treatment and desalination industries. Financial terms were not disclosed. This combination of two highly complementary companies allows the development of strategic, commercial and industrial synergies, consistent with the aim of expanding and broadening Italmatch Chemicals’ current production and marketing capabilities for water management chemicals. BWA Water Additives, having more than 40 years experience in the marketing of water & process treatment additives, provides a comprehensive range of highly specialized chemical solutions and associated services, which are highly complementary with Italmatch Chemicals’ product range, technologies and commercial approach to the fast growing water treatment industry.