M&A Deal Summary

Corrosion Innovations Acquires HoldTight

On February 20, 2024, Corrosion Innovations acquired chemicals company HoldTight

Acquisition Highlights
  • This is Corrosion Innovations’ 2nd transaction in the Chemicals sector.
  • This is Corrosion Innovations’ 2nd transaction in the United States.
  • This is Corrosion Innovations’ 1st transaction in Texas.

M&A Deal Summary
Date 2024-02-20
Target HoldTight
Sector Chemicals
Buyer(s) Corrosion Innovations
Deal Type Add-on Acquisition

Target

HoldTight

Houston, Texas, United States
HoldTight is a specialty chemical company that develops surface preparation products for flash rust prevention. Focused on enhancing coating adhesion by removing salts and contaminants, it has earned trust in industries like maritime, oil and gas, and construction. HoldTight is based in Houston, Texas.

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Buyer(S) 1

Buyer

Corrosion Innovations

Houston, Texas, United States
Category Company
Sector Chemicals
DESCRIPTION

Corrosion Innovations is a manufacturer of the Corr-Ze™ product line, an innovative Coating-Edge Technology™. Corr-Ze™ is a superior surface treatment and unique cleaning process that prepares substrates for protective coating applications. Corr-Ze™ removes the non-visible cause of coating failures and prevents corrosion even in the most corrosive environments. Corrosion Innovations is based in Houston, Texas.

DEAL STATS #
Overall 2 of 2
Sector (Chemicals) 2 of 2
Type (Add-on Acquisition) 1 of 1
State (Texas) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-16 Milliken - Chlor*Rid™ Product Line

Spartanburg, South Carolina, United States

Milliken's Chlor*Rid™ Product Line offers surface decontamination, passivation products, and salt testing kits for soluble salt detection and removal.

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Mergr

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