M&A Deal Summary

Merichem Technologies Acquires Chemical Products Industries

On April 24, 2024, Merichem Technologies acquired chemicals company Chemical Products Industries

Acquisition Highlights
  • This is Merichem Technologies’ 1st transaction in the Chemicals sector.
  • This is Merichem Technologies’ 1st transaction in the United States.
  • This is Merichem Technologies’ 1st transaction in Oklahoma.

M&A Deal Summary

Date 2024-04-24
Target Chemical Products Industries
Sector Chemicals
Buyer(s) Merichem Technologies
Deal Type Add-on Acquisition

Target

Chemical Products Industries

Oklahoma City, Oklahoma, United States
website
Chemical Products Industries is a provider of novel chemistries for sulfur removal and industrial cleaning applications. CPI’s flagship product line, the SULFURTRAP® family of adsorbents, delivers a highly efficient, lower cost, and environmentally friendly solution for sulfur contaminants in natural gas and biogas. CPI was formed in 1978 and is based in Oklahoma City.

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Buyer(S) 1

Buyer

Merichem Technologies

Houston, Texas, United States

website


Category Company
Sector Chemicals
DESCRIPTION

Merichem Technologies is a provider of sulfur treating solutions, including proprietary chemical catalysts and market-leading technologies. The Company’s capabilities include design, engineering, fabrication, R&D, and implementation of both chemical catalysts and mechanical solutions to treat sulfur and other impurities across many different industries and markets including renewables, gas treating, downstream and midstream as well as many others. Merichem Technologies is based in Houston, Texas.


DEAL STATS #
Overall 1 of 1
Sector (Chemicals) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1