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Italmatch Chemicals completed the acquisition of Water Science Technologies.

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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