Specialty Chemicals M&A » By The Online Investor Staff, updated Fri., Mar. 29, 11:57 AM Recent mergers and acquisitions in the Specialty Chemicals M&A category.
This Slide: #89 of 91 |
Slide #89. ADA-ES, Inc. — Assets of Bulk Conveyor Specialist Inc.
Acquirer:
ADA-ES, Inc. (ADES)
Acquiree:
Assets of Bulk Conveyor Specialist Inc.
Details:
ADA-ES, Inc. announced that it has acquired the assets of Bulk Conveyor Specialist Inc. and Bulk Conveyor Services, Inc. for an initial payment of $2 million with an additional $3 million to be paid over the next five years. As previously announced, ADA and BCSI entered into a definitive asset purchase agreement in July 2012. The assets are now held in a wholly-owned subsidiary of ADA called BCSI, LLC.
Advanced Emissions Solutions sells consumable products that utilize activated carbon (AC) and chemical-based technologies to a range of customers, including coal-fired utilities, industrials, water treatment plants, and other markets. Co.'s primary products include AC, which is produced from carbonaceous raw materials. Co.'s AC products include powdered activated carbon and granular activated carbon. Co.'s technologies and associated product offerings provide purification solutions to enable its customers to reduce certain contaminants and pollutants. Additionally, Co. owns the Five Forks Mine, a lignite mine that supplies the primary raw material for the manufacturing of its products.
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Strong Buy (4.00 out of 4) 100th percentile
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