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JZ Capital Partners announced that TWH Water Treatment Industries, a subsidiary of Triwater Holdings, agreed to merge with a subsidiary of DuBois Chemicals. The total consideration is up to $165 million, including $148 million initial cash and up to $17 million earn-out.
Triwater Holdings LLC completed the acquisition of a portion of Buckman's water treatment business. The acquisition reinforces Triwater's Water Treatment Solutions division as a leader in the North American industrial marketplace.
Buckman Laboratories International sold a portion of its water treatment business to Triwater Holdings subsidiary Klenzoid Canada, Inc. The affected Buckman sales associates joined Klenzoid. Financial terms were not disclosed.