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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Synalloy acquires specialty chemicals manufacturer DanChem for $32.95M · Endata

◂ Announcements

Oct 22, 2021ACQUISITIONDanville, Virginia, United States

Synalloy acquires specialty chemicals manufacturer DanChem for $32.95M

Synalloy Corporation acquired DanChem, a specialty chemicals contract manufacturer with three plants in Danville, Virginia, for $32.95 million. The acquisition closed on October 22, 2021.

Value

$33.0M

Jobs

120

Status

Completed

Productsspecialty chemicals

CompaniesSynalloy Corporation acquirer DanChem target

Sectors#Specialty Chemicals

“Synalloy Corporation has acquired DanChem to accelerate product development capabilities and provide entrance into new end-markets and applications.”ir.ascentco.com

2 sources
ir.ascentco.comSynalloy Acquires Leading Specialty Chemicals Contract Manufacturer DanChem :: Ascent Industries Co. (ACNT)Oct 25, 2021
businesswire.comSynalloy Acquires Leading Specialty Chemicals Contract Manufacturer DanChemCompanyOct 25, 2021

Summarized from public sources; check the original articles before acting on it.

More from Synalloy Corporation

Oct 14, 2019ACQUISITIONUnited States
Synalloy proposes merger with Universal Stainless & Alloy Products
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Dec 4, 2018ACQUISITIONRichmond, Virginia, United States$27.0M
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Aug 17, 2018CONTRACTBristol, TN and Munhall, PA, United States$8.00M
Synalloy's Bristol Metals awarded $8M tubing order
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Synalloy subsidiary Bristol Metals to buy Marcegaglia USA property in Munhall, Pennsylvania
Synalloy Corporation Synalloy Corporation acquirer sec.gov steelorbis.com
Apr 23, 2018CONTRACTUnited States$7.00M
Synalloy's Specialty Chemicals Group awarded $7M manufacturing contract
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Jun 29, 2017ACQUISITIONUnited States
Synalloy acquires 3% stake in Universal Stainless and proposes merger
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