Xypex Chemical Corporation Strengthens Global Presence with Strategic Acquisition in Australia and Thailand
Deal News | Nov 06, 2024 | PR Newswire Cision Xypex Chemical Corporation
Xypex Chemical Corporation, a renowned leader in innovative waterproofing technology, has announced the acquisition of Concrete Waterproofing Manufacturing Pty. Ltd., trading as Xypex Australia, and its subsidiary XMS (Thailand), as well as National Concrete Solutions. Effective from November 1, 2024, these entities become wholly-owned subsidiaries under the umbrella of Xypex Chemical Corporation. This strategic acquisition is pivotal for Xypex's mission to enhance and fortify its global operations and footprint. Mike Hardman, CEO of Xypex, has emphasized the significance of this step in bolstering the company's ability to deliver premium products and solutions while optimizing costs and investments. Xypex Chemical Corporation has a legacy of over 50 years, providing cutting-edge crystalline waterproofing solutions for concrete protection. Their products are crucial in a variety of infrastructure and commercial construction projects across more than 100 countries. For further inquiries, Chantell Segal, the marketing director of Xypex, is available for contact.
Sectors
- Construction and Building Materials
- Chemicals
Geography
- Canada – Xypex Chemical Corporation is headquartered in Vancouver, Canada, central to its operations and strategic expansions.
- Australia – The acquisition of Xypex Australia highlights the geographical expansion into Australia, further integrating it into Xypex's global operations.
- Thailand – XMS, a subsidiary of Xypex Australia, operates in Thailand, marking a significant area of influence under Xypex's acquisition strategy.
Industry
- Construction and Building Materials – The article focuses on Xypex Chemical Corporation's acquisition of companies involved in concrete waterproofing solutions, integral to construction and building materials.
- Chemicals – Xypex Chemical Corporation specializes in waterproofing technology, categorizing it within the chemical industry that provides advanced solutions for concrete protection.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Xypex Chemical Corporation | Acquirer | Company | A global leader in waterproofing technology based in Vancouver, Canada. |
| Concrete Waterproofing Manufacturing Pty. Ltd. (Xypex Australia) | Target | Company | A company trading under Xypex Australia, providing waterproofing solutions, now acquired by Xypex Chemical Corporation. |
| XMS (Thailand) | Other | Company | A subsidiary of CWM (Xypex Australia), operating in Thailand, part of the acquisition by Xypex Chemical Corporation. |
| National Concrete Solutions | Target | Company | A company specializing in concrete solutions, acquired as part of Xypex's strategic acquisition. |
| Mike Hardman | CEO | Person | CEO of Xypex Chemical Corporation, who commented on the acquisition. |
| Chantell Segal | Marketing Director | Person | Marketing director of Xypex Chemical Corporation, provided contact information for media inquiries. |