Hawkins, Inc. completed the acquisition of Substantially all the assets of The Miami Products & Chemical Company for $15.5 million.
October 30, 2023
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Hawkins, Inc. (NasdaqGS:HWKN) entered into a definitive agreement to acquire Substantially all the assets of The Miami Products & Chemical Company on October 30, 2023. In a related transaction, Hawkins, Inc. acquired Water Solutions Unlimited. Mr. Hawkins continued, ?The acquisitions of Water Solutions and Miami Products will add over 90 employees to the Hawkins family and is expected to add $10 million in earnings before interest, taxes, depreciation and amortization within three years. The acquisition of Miami Products is expected to close within the coming weeks.
Hawkins, Inc. (NasdaqGS:HWKN) completed the acquisition of Substantially all the assets of The Miami Products & Chemical Company for $15.5 million in October 2023.
Hawkins, Inc. is a specialty chemical and ingredients company that formulates, distributes, blends and manufactures products for its customers. The Company operates through three segments: Industrial, Water Treatment, and Health and Nutrition. Its Industrial segment specializes in providing industrial chemicals, products and services to industries such as agriculture, chemical processing, electronics, energy, food, pharmaceutical and plating. The Water Treatment segment specializes in providing chemicals, equipment and solutions for potable water, municipal and industrial wastewater, industrial process water, non-residential swimming pool water and agricultural water. The Health and Nutrition segment specializes in providing ingredient distribution, processing and formulation solutions to manufacturers of nutraceutical, functional food and beverage, personal care, dietary supplement and other nutritional food, health and wellness products.