# KMG acquires Sealweld for US$17.4 million

KMG, a specialty chemicals provider, agreed to acquire privately-owned Sealweld, a supplier of industrial valve maintenance products and services, for US$17.4 million in cash, effective February 1, 2017.

- Type: Acquisition
- Announced: 2017-02-01
- Where: Calgary, Alberta, Canada, Canada
- Value: $17.4M
- Status: announced
- Products: industrial lubricants, sealants, cleaners, valve fittings, tools and equipment, valve maintenance services
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [KMG](https://endata.com/companies/21912.md) (acquirer)
- [Sealweld](https://endata.com/companies/21913.md) (target)

## Sources

- [chemeurope.com](https://www.chemeurope.com/en/news/161681/kmg-announces-acquisition-of-sealweld.html), 2017-02-02: "KMG a provider of specialty chemicals, announced it has agreed to acquire on February 1 privately-owned Sealweld, a company in the industrial lubricants market, for US$17.4 million (C$22.6 million) in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.