M&A Deal Summary

Echo Defense Projects Acquires Development One

On September 23, 2021, Echo Defense Projects acquired chemicals company Development One

Acquisition Highlights
  • This is Echo Defense Projects’ 1st transaction in the Chemicals sector.
  • This is Echo Defense Projects’ 1st transaction in the United States.
  • This is Echo Defense Projects’ 1st transaction in Texas.

M&A Deal Summary

Date 2021-09-23
Target Development One
Sector Chemicals
Buyer(s) Echo Defense Projects
Deal Type Add-on Acquisition

Target

Development One

Midland, Texas, United States
Development One specializing in the research and development of nanocarbon atoms and polymer products within the coatings and construction industries. Development One is based in Midland, Texas.

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Buyer(S) 1

Buyer

Echo Defense Projects

Pensacola, Florida, United States

Category Company
Founded 2004
Sector Business Services
Employees5
DESCRIPTION

Eco Depot is a development stage manufacturer and distributor of eco-friendly consumer brand products that acquires, manages, and develops eco-friendly real estate assets and consumer and industrial brand products. Eco Depot's focus is to provide investments, funding, and support for acquisitions, start-ups, entrepreneurs, and green technology companies dedicated to protecting the environment. Echo Defense Projects was founded in 2004 and is headquartered in Pensacola, Florida.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1