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Announced

Completed

Italmatch Chemicals completed the acquisition of Water Science Technologies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

chemical solutions

Acquisition

oil and gas industry

Friendly

Majority

United States

Specialty Chemicals

Private

water treatment

Single Bidder

Synopsis

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Italmatch Chemicals, a global speciality chemical group, completed the acquisition of Water Science Technologies, a blender and chemical solutions provider for the North American oil & gas and industrial water treatment industries. Financial terms were not disclosed. “This acquisition represents another important step for Italmatch growth in the North American market, in line with the Group objectives in North America in its strategic sectors, starting from industrial water solutions, where the companies have a complementary product range. It will also provide a solid logistic base to better serve our oil & gas customers," Danny McCaul, Italmatch Chemicals USA CEO.

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