Buckman Laboratories has divested its Canadian water treatment business to Triwater Holdings to refocus on strategic markets, enhancing operational capabilities for both companies within the growing water solutions sector.

Information on the Target

Buckman Laboratories is a multinational, privately held provider of water treatment chemical solutions. The company has a segment of its operations located in eastern Canada, referred to as the Business, which specializes in chemical solutions for diverse applications such as cooling water systems, boiling water systems, and influent/effluent treatment. This segment caters to a variety of customers across several industries including manufacturing, food and beverage, commercial and institutional services, and power and utilities.

In order to focus its efforts on specific markets, including oil and gas, ethanol, utilities, paper, and leather, Buckman Laboratories made the strategic decision to divest the Business. This move allows the company to realign its resources and maximize its expertise in targeted sectors while the Business, under new management, continues to serve existing and new customers in the water treatment space.

Industry Overview in Canada

The water treatment industry in Canada plays a crucial role in ensuring the quality and safety of water supply, as well as the management of wastewater. With increasing environmental regulations and a heightened public awareness