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People & Business :: M&A

HydroChem acquires industrial cleaning firm in central US

10:57 AM MST | December 31, 2013 | Vincent Valk

HydroChem (Deer Park, TX) owner Aquilex Holdings (Atlanta) has acquired Inland Industrial Services (Deer Park, TX), a 30-year-old institutional cleaning firm with operations in the central US and the Gulf Coast. Inland operates in the refining, chemical processing, pulp and paper, and power utility markets, among others. HydroChem's customers are in similar sectors, the company says. Inland will be integrated into HydroChem with "no disruption" to the company's business, HydroChem adds. Financial details of the transaction, including purchase price...

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