SNF Acquires PfP Industries and Ace Fluid Solutions
August 5, 2024
SNF, the global specialty chemicals group, has signed agreements to acquire PfP Industries and Ace Fluid Solutions to strengthen its oil and gas product and service offering. The transactions expand SNF’s friction reducer and fluid management capabilities—including dry, slurry and emulsion friction reducers—and enhance its presence serving upstream oil & gas customers, particularly in the Permian Basin.
- Buyers
- SNF Holding Company
- Targets
- PfP Industries, Ace Fluid Solutions
- Industry
- Oil & Gas
- Location
- Texas, United States
- Transaction Type
- Buyout
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