Acquisitions · Water treatment chemicals
Kurita Water buys Minnesota water-treatment chemicals maker Fremont Industries
- Buyer
- Kurita Water Industries (via Kurita America Holdings) (Tokyo)
- Target
- Fremont Industries, Minnesota
- Value
- About $40M
- Status
- Completed in January 2017.
- Date
- 2017-01-04
Kurita Water Industries bought Fremont Industries, a Minnesota maker of water-treatment chemicals, through its US holding company Kurita America Holdings. The price was about $40 million.
Why it matters
The deal adds a US customer base and local production to Kurita's water-treatment chemicals business, which it has been building outside Japan.
Sources
Kakehashi M&A News home