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Shrieve Chemical Acquires Chem One

Jan 26, 2023•over 2 years ago

Acquiring Company

Shrieve

Acquired Company

Chem One

Oil And GasManufacturingOil And Gas

Description

Shrieve Chemical Company, a portfolio company of Gemspring Capital and a leading, value-added chemicals distributor, announced today that it has acquired Chem One. Based in Houston, TX, Chem One is a provider of dry chemicals that are sourced and developed for a range of industrial applications including water treatment, micro-nutrients, animal feed, oil and gas, and other industries across North America. Chem One's product suite includes copper sulfate, sodium sulfide, zinc sulfate, and other dry chemicals.

Company Information

Company

Shrieve

About

Shrieve, based in The Woodlands, TX, is a leading, value-added chemicals distributor serving attractive markets and end-use applications globally. Since its founding in 1978, Shrieve has leveraged its knowledge network to find the best match between suppliers, customer needs, and product applications. Through its four operating segments, Chemical Distribution, Specialty Lubricants and Enhancers, Energy Products and Services, and Custom Packaging, Shrieve markets over 700 products across more than 40 countries. For more information, visit www.shrieve.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed