Flotek Expands Chemistry Business With International Polymerics Acquisition

Transaction Type

Sellers

International Polymerics Inc.

Buyers

Flotek Industries Inc.

Announce Date

Wed, 07/27/2016 - 12:00 PM

Post Date

Jul 29, 2016

Close Date

Fri, 07/29/2016 - 12:00 PM

Estimated Price

8MM

Description

Purchased Dalton, GA-based IPI, which is a supplier of natural polymers; includes Permian Basin distribution center in Monahans, TX.

Flotek Expands Chemistry Business With International Polymerics Acquisition