DuBois Acquires Heatbath
This deal combines DuBois paint pre-treatment, cleaning and metalworking with Heatbath heat treating and metal finishing.
Posted: May 13, 2015
DuBois Chemicals, Inc. (Cincinnati, OH) has completed the acquisition of Heatbath Corporation/ Park Chemical (Indian Orchard, MA) and combined DuBois paint pre-treatment, cleaning and metalworking expertise with innovative and proven Heatbath heat treating and metal finishing proficiency. This acquisition extends and significantly enhances the full range of cleaning and process chemical solutions that DuBois delivers to a diverse range of manufacturing customers.
In a statement, Jeff Welsh, the chief executive officer of DuBois Chemicals, noted, “With the addition of their expertise, products and services, we are uniquely positioned with the most comprehensive metalworking, heat treating, metal finishing and paint pretreatment solution offering of any supplier in the market. We expect to present many new solutions to support our mutual customers with broadened technology, innovative products and application know-how.”
Tripp Walen, the Heatbath president and chief executive officer, offered the following statement: “Our addition to their portfolio expands the ability of both organizations to assist customers in producing the highest quality, consistent and cost effective production in their facilities. We are very pleased to join their team. Based on their excellent reputation for quality and customer support, I am very confident we have identified the right organization to successfully extend our story into the future.” Shields & Company acted as the exclusive financial advisor to Heatbath.
Founded in 1920, DuBois manufactures and provides specialty cleaning and process chemical solutions and has substantially increased its position in metal working fluids and surface treatment recently through the acquisition of Perkins Products, Galaxy Associates, Angler Industries and American Finishing Resources. The company is committed to creating innovative sustainable products including Pearl-Z bactericide free metal working fluids and PACRE heavy metal and phosphate free surface treatment.
DuBois specializes in the areas of metal finishing/paint pretreatment, metalworking/lubricants, water/wastewater treatment, maintenance/equipment cleaning, paper chemicals, food processing cleaning/sanitizing, and transportation cleaning.
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