- Mergers & Acquisitions
Shrieve Chemical acquires Chem One
Shrieve Chemical Company, a portfolio company of Gemspring Capital, a private equity firm based in Westport, Connecticut, U.S.A., has acquired Chem One. Based in Houston, Texas, U.S.A., Chem One is a provider of dry chemicals that are sourced and developed for a range of industrial applications including water treatment, micro-nutrients, animal feed, oil and gas, and other industries across North America. Chem One’s product suite includes copper sulfate, sodium sulfide, zinc sulfate, and other dry chemicals.
“We’re thrilled to welcome the Chem One team to the Shrieve family,” said George Fuller, Shrieve’s CEO. “The company is a natural fit for our business, providing the same extraordinary customer experience Shrieve has prioritized since inception. We look forward to collaborating with Terry Podlogar, as he continues to manage Chem One, and expand our suite of specialty and commodity chemicals for customers in the water treatment, agricultural, and industrial markets.”
“I am incredibly proud of the business we’ve built at Chem One. As we embarked on the search for a partner, it was crucial for us to continue our legacy in supporting our customers, fostering partnerships with our global suppliers, and providing growth opportunities for our employees. We found all of that and more in Shrieve and are very excited for the new partnership and collaboration in supporting Chem One’s next phase of growth,” said Terry Podlogar, Chem One president.
Shrieve Chemical is a leading, value-added chemicals distributor serving attractive markets and end-use applications globally, based in The Woodlands, Texas,U.S.A. Through its four operating segments, Chemical Distribution, Specialty Lubricants and Enhancers, Energy Products and Services, and Custom Packaging, Shrieve markets 700+ products across more than 40 countries.