Pilot purchases Mason Chemical.
"Both Pilot, established in 1952, and Mason, founded in 1968, are successful companies built by their respective founders' families over many decades," said Paul Morrisroe, chairman and CEO of Pilot Chemical Company. "The Pilot and Mason product lines are complementary and will allow us to build on synergies between the two companies. Customers of both companies will be better served through a more complete and expanded global product offering from Pilot."
Mason Chemical Company is a leader in the development, registration and sale of quaternary ammonium compounds and related chemistries. The acquisition enhances Pilot Chemical's household, industrial and institutional, personal care and oil and gas product portfolios, strengthening its offering by adding registered and nonregistered biocidal quats and tertiary amine derivatives, according to the company.
"Our goal is to be a leading provider of chemistry-based solutions," said Pam Butcher, president and COO of Pilot Chemical Company. "Acquiring Mason Chemical illustrates our commitment to providing a broader product portfolio, new technology and applications expertise to better serve our customers."
Financial terms of the agreement were not disclosed.
More info: www.pilotchenlical.com, www.masonsurfactants.com.
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|Title Annotation:||Industry News|
|Publication:||Household & Personal Products Industry|
|Article Type:||Company overview|
|Date:||Feb 1, 2013|
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