Add-on Acquisition • Chemicals

SNF Acquires Obsidian Chemical Solutions

On August 15, 2025, SNF acquired chemicals company Obsidian Chemical Solutions

Acquisition Context

This is SNF’s 3rd transaction in the Chemicals sector.
This is SNF’s 3rd transaction in the United States.
This is SNF’s 3rd transaction in Texas.

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M&A Deal Summary
Date	August 15, 2025
Target	Obsidian Chemical Solutions
Sector	Chemicals
Buyer(s)	SNF
Deal Type	Add-on Acquisition

Target Company

Obsidian Chemical Solutions

Midland, Texas, United States

Obsidian Chemical Solutions is a provider of specialty chemical solutions primarily for completion operations in the oil and gas industry. Obsidian Chemical Solutions was founded in 2018 and is based in Midland, Texas.

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Buyer Overview 1

Buyer

SNF

Rhone-Alpes, France

Category	Company
Sector	Chemicals

DESCRIPTION

SNF is a specialty chemical company with 21 production sites in Europe, Asia, Australia, and America, with a production capacity of 1,465,000 tonnes.

Deal Context for Buyer	#
Overall	3 of 3
Sector: Chemicals	3 of 3
Type: Add-on Acquisition	3 of 3
State: Texas	3 of 3
Country: United States	3 of 3
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-08-05	PfP Industries Houston, Texas, United States PfP Industries is a provider of Polyacrylamide (FR), guar gum, and stimulation chemicals, servicing the hydraulic fracturing & oilfield completions industry. PfP Industries was founded in 2001 and is based in Houston, Texas.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-08-05

PfP Industries

Houston, Texas, United States

PfP Industries is a provider of Polyacrylamide (FR), guar gum, and stimulation chemicals, servicing the hydraulic fracturing & oilfield completions industry. PfP Industries was founded in 2001 and is based in Houston, Texas.

Buy

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