Hawkins Expands Water Treatment Footprint With Acquisition Of Industrial Research Corporation; No Financial Terms Disclosed
Hawkins, Inc. (NASDAQ:HWKN), a leading specialty chemical and ingredients company, has completed the acquisition of Industrial Research Corporation. Industrial Research distributes water treatment chemicals and equipment for its customers in central to northern Louisiana, eastern Texas and southern Arkansas.
"As we continue to execute on our strategy to grow our water treatment business, we believe this tuck-in acquisition fills a geographical void in northern Louisiana and east Texas and will allow us to accelerate our growth in the surrounding regions. Industrial Research has built a strong business that is well-connected with the local community and we intend to maintain those connections. I would like to welcome the Industrial Research team to the Hawkins organization and look forward to our continued growth together," said Hawkins Chief Executive Officer Patrick H. Hawkins.