# Stepan to acquire surfactant business from PerformanX Specialty Chemicals

Stepan Co. entered into an agreement to acquire the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC, announced on September 21, 2022.

- Type: Acquisition
- Announced: 2022-08-12
- Where: United States
- Status: announced
- Products: surfactant business
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Stepan Company](https://endata.com/companies/30972.md) (acquirer)
- [PerformanX Specialty Chemicals](https://endata.com/companies/64701.md) (target)

## Sources

- [adhesivesmag.com](https://www.adhesivesmag.com/articles/topic/2641-mergers-acquisitions?page=18), 2022-08-12: "Stepan Co. announced that it has entered into an agreement to acquire the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC."
- [prnewswire.com](https://www.prnewswire.com/news-releases/stepan-company-executes-agreement-to-acquire-us-surfactants-producer-301621639.html), 2022-09-12: "PerformanX is a strong strategic fit within Stepan's Surfactants business and provides attractive market diversification opportunities for our alkoxylation product line."
- [stepan.gcs-web.com](https://stepan.gcs-web.com/news-releases/news-release-details/stepan-company-executes-agreement-acquire-us-surfactants), 2022-09-12: "PerformanX is a strong strategic fit within Stepan's Surfactants business and provides attractive market diversification opportunities for our alkoxylation product line."
- [adhesivesmag.com](https://www.adhesivesmag.com/articles/99682-stepan-to-acquire-us-surfactants-producer), 2022-09-21: "Stepan Co. announced that it has entered into an agreement to acquire the surfactant business and associated assets of PerformanX Specialty Chemicals, LLC."

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