Announced
Completed
Financials
Tags
Completed
chemical solutions
Acquisition
oil and gas industry
Friendly
Majority
United States
Specialty Chemicals
Private
water treatment
Single Bidder
Synopsis
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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