CPS Performance Materials has acquired GEO Specialty Chemicals to enhance its position in the specialty chemicals market, leveraging GEO's capabilities across multiple high-demand sectors.

Target Overview

CPS Performance Materials ("CPS"), a diversified manufacturer of specialty chemicals, has announced its acquisition of GEO Specialty Chemicals ("GEO"). GEO serves as a significant supplier of specialty chemicals and materials across various sectors, including coatings, adhesives, medical applications, water treatment, and construction. The company operates three primary divisions: Paints & Coatings; Water Treatment; and Specialty & Construction, boasting a strong market position through its 19 production facilities located in the United States and Europe.

Recently, GEO has expanded its operations to capture opportunities within materials used in contact lenses, oil and gas drilling additives, and both municipal and industrial water treatment. This reinforces GEO's robust standing in methacrylate chemistry, making it a leading supplier within the global coatings and adhesives markets. Notably, GEO is also recognized as the largest producer of glycine in the U.S., which is an essential amino acid utilized in numerous nutrition and personal care products.

Industry Overview

The specialty chemicals industry in the United States is currently experiencing robust growth, driven by diverse end-use sectors such as pharmaceuticals, agriculture, and construction, reflecting a consistent increase in demand for innovati