# Stepan acquires PerformanX Specialty Chemicals surfactants business

Stepan has acquired the surfactants business of PerformanX Specialty Chemicals. The deal was completed in the third quarter of 2022.

- Type: Acquisition
- Announced: 2022-10-10
- Where: United States
- Value: $20.0M
- Status: completed
- Products: surfactants
- 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

- [everchem.com](https://everchem.com/q3-chemical-ma-transactions/), 2022-10-10: "Q3 Chemical M&A Transactions"
- [everchem.com](https://everchem.com/q3-chemical-ma-transactions-2/), 2022-10-10: "PerformanX Specialty Chemicals | Stepan | surfactants – $20s | 3rd Quarter 2022"

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