M&A Deal Summary

CRC Industries Acquires ChemFree

On April 1, 2015, CRC Industries acquired machinery company ChemFree from CoreCard

Acquisition Highlights
  • This is CRC Industries’ 1st transaction in the Machinery sector.
  • This is CRC Industries’ 1st transaction in the United States.
  • This is CRC Industries’ 1st transaction in Georgia.

M&A Deal Summary
Date 2015-04-01
Target ChemFree
Sector Machinery
Buyer(s) CRC Industries
Sellers(s) CoreCard
Deal Type Divestiture

Target

ChemFree

Norcross, Georgia, United States
ChemFree Corp. is a manufactures of SmartWasher® Bio Remediating Parts Washing System, providing an alternative method for cleaning vehicle and maintenance parts without harming humans or the environment.

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Buyer(S) 1

Buyer

CRC Industries

Horsham, Pennsylvania, United States
Category Company
Founded 1958
Sector Chemicals
DESCRIPTION

CRC Industries is a worldwide producer and distributor of chemical specialties for the maintenance and repair professional, serving the marine, electrical, industrial, and aviation markets, and the automotive aftermarket. CRC maintains its position through continual product innovation and new product offerings. CRC markets products in more than 150 countries. The company maintains four independent operating groups headquartered in the United States, Australia, Belgium, and New Zealand. Each operating group provides manufacturing and distribution centers to serve local markets. CRC Industries was founded in 1958 and is based in Horsham, Pennsylvania.

DEAL STATS #
Overall 1 of 3
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 2
State (Georgia) 1 of 1
Country (United States) 1 of 3
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-19 Weld-Aid Products

Detroit, Michigan, United States

Weld-Aid Products is a manufacturer and supplier of chemical maintenance products for the welding and metallurgy business segments. Weld-Aid Products brand products include: WELD-KLEEN ® , a coating to prevent splashing; NOZZLE-KLEEN ® , a coating to maximize tip life; LUBE-MATIC ® , a coating to maximize tip life and coating; FRACSURE ® , YORK Products, BRITE ® , and the leading BRITE ZINC ® and 1st ZINC ® Weld - Aid galvanizing brands.

Buy -

Seller(S) 1

SELLER

CoreCard

Norcross, Georgia, United States
Category Company
Founded 1973
Sector Information Technology
Employees1,150
Revenue 56M USD (2023)
DESCRIPTION

CoreCard is an early stage technology focused company. CoreCard was founded in 1973 and is based in Norcross, Georgia.

DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Mergr

Product

Company

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