# Dorf Ketal Chemicals acquires Fluid Energy Group's acid business

Dorf Ketal Chemicals India Private Limited, through its subsidiary Dorf Ketal FZE, acquired Fluid Energy Group's global Modified and Synthetic acid business including the Triton industrial business. The business had a turnover of approximately CAD 80 million in 2022.

- Type: Acquisition
- Announced: 2023-01-06
- Where: Calgary, Alberta, Canada
- Status: completed
- Products: Modified and Synthetic acids, Triton industrial products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Dorf Ketal Chemicals India Pvt Ltd](https://endata.com/companies/54041.md) (acquirer)
- [Fluid Energy Group](https://endata.com/companies/67723.md) (target)

## Sources

- [pillarfourcapital.com](https://www.pillarfourcapital.com/post/pillarfour-capital-is-pleased-to-announce), 2023-01-06: "This acquisition will bring additional strategic assets, innovative new technology, talented people, and strong customer relationships into Dorf Ketal."
- [prnewswire.com](https://www.prnewswire.com/news-releases/dorf-ketal-chemicals-has-acquired-the-modified-and-synthetic-acids-and-industrial-businesses-of-fluid-energy-group-ltd-301715861.html), 2023-01-06: "Dorf Ketal FZE, a wholly owned subsidiary of Dorf Ketal Chemicals India Private Limited has acquired Fluid Energy Group's global Modified and Synthetic acid business including the Triton industrial business."

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