Shrieve Chemical Company Acquires Styrene Business Unit from CLP Chemicals
October 7, 2020
Shrieve Chemical Company has acquired the styrene business unit and certain other assets from Houston-based CLP Chemicals. CLP will retain and continue to operate its glycerin business unit; the deal expands Shrieve's product portfolio and geographic footprint as part of its growth strategy (Shrieve is PE-backed).
- Buyers
- Shrieve Chemical Company
- Targets
- CLP Chemicals
- Sellers
- CLP Chemicals
- Platforms
- Shrieve Chemical Company
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Addon
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Shrieve Chemical Company Acquires Chem One
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Shrieve Chemical Company Acquires Independent Contract Packaging (ICP)
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Shrieve Chemical Company Acquires TLC Ingredients
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Gemspring Capital Invests in Shrieve Chemical Company
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Gemspring Capital has completed an investment in Shrieve Chemical Company, partnering with Shrieve's leadership to support growth. Shrieve, a The Woodlands, Texas-based value-added distributor of industrial chemicals, specialty lubricants and performance fluids, will leverage Gemspring's chemicals and distribution expertise to expand product offerings and invest in the business.
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Shrieve Chemical Acquires Gilbert & Jones
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Shrieve Chemical Company, a portfolio company of Gemspring Capital, has acquired Gilbert & Jones, a New Britain, Connecticut-based distributor of specialty and industrial chemicals. The acquisition expands Shrieve's product offering and geographic reach into additional end markets such as aerospace, automotive and electronics, and brings Gilbert & Jones' supplier and customer relationships into the Shrieve platform.
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