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M&A Deal Summary

Newpark Resources Acquires Grassform

On November 24, 2025, Newpark Resources acquired business services company Grassform for 35M GBP

Acquisition Highlights
  • This is Newpark Resources’ 1st transaction in the Business Services sector.
  • This is Newpark Resources’ largest (disclosed) transaction.
  • This is Newpark Resources’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2025-11-24
Target Grassform
Sector Business Services
Buyer(s) Newpark Resources
Deal Type Add-on Acquisition
Deal Value 35M GBP

Target

Grassform

Ingatestone, United Kingdom
Grassform is a UK-based ground protection and temporary roadway specialist. They provide modular plastic matting systems (e.g., Heavy-Duty, Medium-Duty, Light-Duty) designed to support traffic on soft, sensitive, or grassy terrains while minimizing ground damage. Their products are used in infrastructure projects, events, and construction sites. Their operations are centered in Ingatestone, Essex.

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Buyer(S) 1

Buyer

Newpark Resources

The Woodlands, Texas, United States
Category Company
Founded 1932
Sector Energy Services and Equipment
Employees1,550
Revenue 750M USD (2023)
DESCRIPTION

Newpark Resources is a provider of drilling fluids, temporary worksites and access roads for oilfield and other commercial markets. Newpark Resources was founded in 1932 and is based in The Woodlands, Texas.

DEAL STATS #
Overall 4 of 4
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
Country: United Kingdom M&A 1 of 1
Year: 2025 M&A 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-09-15 Newpark Fluids Systems

The Woodlands, Texas, United States

Newpark Fluids Systems provides drilling and completion fluids products and related technical services to customers for oil, natural gas, and geothermal projects primarily in North America, Europe, the Middle East, and Africa, as well as certain countries in Asia Pacific. NFS utilizes a fluids-focused and global reach, local knowledge approach to improve the efficiency & productivity of customer operations globally.

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