Announced
Completed
Financials
Tags
United States
natural gas
Renewable Energy Equipment
Acquisition
Domestic
Private
Majority
Private Equity
Completed
Single Bidder
Friendly
Synopsis
SK Capital-backed Foremark, a technology-driven in natural gas sweetening formulations and the production of chemical building blocks used in numerous end products, completed the acquisition of NexGen, a forward-thinking company that takes a non-traditional approach to oilfield chemistry and applications, from Black Bay, a private equity firm. Financial terms were not disclosed. “We see tremendous growth potential ahead driven by ongoing industry efforts to expand sour gas production in a safe, cost-effective and sustainable way.” Chris Williamson, NexGen CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.