Xypex Chemical Corporation Expands via Strategic Acquisitions
Deal News | Nov 05, 2024 | PR Newswire Cision Xypex Chemical Corporation
Xypex Chemical Corporation has announced the acquisition of Concrete Waterproofing Manufacturing Pty. Ltd., known as Xypex Australia, and its subsidiary CWM's XMS, as well as National Concrete Solutions. These entities will now operate as wholly-owned subsidiaries of Xypex Chemical Corporation, which is headquartered in Vancouver, Canada. This move is a strategic expansion by Xypex, as stated by CEO Mike Hardman, aimed at broadening their global reach in the waterproofing technology sector. The acquisition aligns with Xypex's goal of delivering high-quality products and optimizing future investments. Xypex is recognized globally for its innovative waterproofing solutions, having served infrastructure and commercial construction projects across 100+ countries for over 50 years.
Sectors
- Chemical Manufacturing
- Construction
Geography
- Canada – Xypex Chemical Corporation is headquartered in Vancouver, Canada, making it a key geography for the corporate entity.
- Australia – Xypex Australia, as one of the acquired companies, is located in Australia, making it a significant location for this transaction.
- Thailand – XMS, a subsidiary within the acquisition, operates in Thailand, adding to the geographical scope of the expansion.
Industry
- Chemical Manufacturing – This industry classification is relevant because Xypex Chemical Corporation operates in the chemical manufacturing sector, specifically focusing on waterproofing technology for concrete.
- Construction – The construction industry is relevant due to Xypex's products being widely used in infrastructure and commercial projects worldwide.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Xypex Chemical Corporation | Bidding Company | Company | A global leader in innovative concrete waterproofing technology, headquartered in Vancouver, Canada. |
| Concrete Waterproofing Manufacturing Pty. Ltd. (CWM) | Target Company | Company | Operates as Xypex Australia, specializing in waterproofing solutions, based in Australia. |
| XMS | Subsidiary of Target Company | Company | A subsidiary of Concrete Waterproofing Manufacturing Pty. Ltd., based in Thailand. |
| National Concrete Solutions (NCS) | Target Company | Company | Now a wholly owned subsidiary of Xypex Chemical Corporation, engaged in concrete solutions. |
| Mike Hardman | CEO | Person | CEO of Xypex Chemical Corporation. |
| Chantell Segal | Marketing Director | Person | Handles media inquiries for Xypex Chemical Corporation. |