Divestiture • Chemicals

Kodiak Acquires Crown Carbon

On October 31, 2025, Kodiak acquired chemicals company Crown Carbon from Colonial Group

Acquisition Context
  • This is Kodiak’s 3rd transaction in the Chemicals sector.
  • This is Kodiak’s 4th transaction in the United States.
  • This is Kodiak’s 1st transaction in Wyoming.

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M&A Deal Summary

Date October 31, 2025
Target Crown Carbon
Sector Chemicals
Buyer(s) Kodiak
Sellers(s) Colonial Group
Deal Type Divestiture

Target Company

Crown Carbon

Gillette, Wyoming, United States
Crown Carbon specializes in the formulation and application of proprietary specialty chemicals involved in the handling of various raw materials for the coal, steel, and utility industries. Crown Carbon was founded in 1979 and is based in Gillette, Wyoming.
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Buyer Overview 1

Buyer

Kodiak

Cincinnati, Ohio, United States

Category Company
Sector Chemicals
DESCRIPTION

Kodiak is a supplier of chemicals for the steel, automotive, energy, and aerospace industries. Kodiak is based in Cincinnati, Ohio.


Deal Context for Buyer #
Overall 4 of 4
Sector: Chemicals 3 of 3
Type: Divestiture 1 of 1
State: Wyoming 1 of 1
Country: United States 4 of 4
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-09 Southern Adhesives & Coatings

Madeira, Ohio, United States

Southern Adhesives and Coatings is a boutique provider to the paper and packaging industries. The Company provides specialty products for applications such as laminating paper and cardboard, gluing labels, and lining food packages – including beverage cans. The adhesives used in these industries are divided into three categories – hot melt, waterborne, and solvent-based systems. Southern Adhesives & Coatings is headquartered in Madeira, Ohio.

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Seller Profile 1

SELLER

Colonial Group

Savannah, Georgia, United States

Category Company
Founded 1921
Sector Energy Services and Equipment
DESCRIPTION

Colonial Group is a diversified energy and port-related company. Colonial Group was founded in 1921 and is based in Savannah, Georgia.


Deal Context for Seller #
Overall 1 of 1
Sector: Chemicals 1 of 1
Type: Divestiture 1 of 1
State: Wyoming 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 International-Matex Tank Terminals - Georgia Terminals

Savannah, Georgia, United States

International-Matex Tank Terminals' Georgia Terminals provides energy services in Savannah, Georgia.

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