M&A Deal Summary

CRC Industries Acquires Weld-Aid Products

On September 19, 2017, CRC Industries acquired chemicals company Weld-Aid Products

Acquisition Highlights
  • This is CRC Industries’ 1st transaction in the Chemicals sector.
  • This is CRC Industries’ 2nd transaction in the United States.
  • This is CRC Industries’ 1st transaction in Michigan.

M&A Deal Summary
Date 2017-09-19
Target Weld-Aid Products
Sector Chemicals
Buyer(s) CRC Industries
Deal Type Add-on Acquisition

Target

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.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 2 of 3
Sector (Chemicals) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 2 of 3
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-01 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Evapo-Rust

Springdale, Arkansas, United States

Evapo-Rust is a provider of rust removal products. The Evapo-Rust brand consists of several rust and paint removal products including Evapo-Rust, Rust-Block™, ThermoCure™, Safr™, and Safe-Erase™. Evapo-Rust is based in Springdale, Arkansas.

Buy -
Mergr

Product

Company

Legal