DuBois Chemicals Acquires Heatbath Corporation, Inc.
SHARONVILLE, OH, MAY 3, 2015 – DuBois Chemicals, Inc. has completed the acquisition of Heatbath Corporation / Park Metallurgical based in Indian Orchard, MA. The acquisition combines DuBois paint pretreatment, cleaning and metalworking expertise with Heatbath’s innovative and proven heat treating and metal finishing proficiency. The Heatbath 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, CEO of DuBois Chemicals, noted "With the addition of the expertise, products and services of Heatbath, DuBois is 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, Heatbath President & CEO, offered the following statement, "The addition of Heatbath to the DuBois portfolio expands the ability of both organizations to assist customers to produce the highest quality, consistent and cost effective production in their facilities. We are very pleased to join the DuBois team. Based on their excellent reputation for quality and customer support, I am very confident we have identified the right organization to successfully extend the Heatbath story into the future." Shields & Company acted as the exclusive financial advisor to Heatbath.
Founded in 1920, DuBois manufactures specialty chemical solutions. The company is committed to building innovative, sustainable solutions which reduce the total cost of ownership for customers. 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. For more information, please visit www.duboischemicals.com.