Terms of the deal were not disclosed.
For more than 25 years, ChemQuest has provided custom toll manufacturing services to customers globally, with expertise in complex blending and reactionary synthesis. Seatex says the acquisition provides it with enhanced production capabilities, increased capacity and a complementary customer base, representing a diverse set of end-markets.
The acquisition will take place immediately, with customers enjoying continuity of business operations and the benefit of the broad range of chemical services offered by both companies.
“ChemQuest’s reputation as a leading custom chemical manufacturer, its expansive technical capabilities, along with an accomplished and experienced team, led by President Clay Pace, made it the perfect fit for Seatex,” says Jonathan O’Dwyer, CEO of Seatex.
“We welcome the ChemQuest team to the Seatex family and believe our combined commitments to service, safety and quality, alongside expanded capacity and enhanced capabilities, will greatly benefit our customer base.”
Adds Pace, “We are excited to partner with Seatex and for the opportunity to leverage the broader platform as we aggressively pursue commercial expansion.”
With four manufacturing locations in Texas, Seatex’s combined service offering includes liquid reactions and complex blends, solids and dry blending, expansive packaging capabilities and formulation development, as well as R&D and lab support.
With the acquisition of ChemQuest, Seatex says the new company will be one of Texas’s leading custom toll manufacturers, with the ability to deliver creative and sustainable chemical solutions for all customers.
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