IHS Chemical Week

Regions :: North America :: U.S.

Flotek acquires citrus oils firm for $102 million

12:41 PM MDT | May 10, 2013 | Rebecca Coons

Oil field chemicals maker Flotek Industries says it has signed a definitive agreement to acquire Winter Haven, FL–based Florida Chemical Company, Inc. (Florida Chemical), the world's largest processor of citrus oils and a "pioneer," according to the announcement, in solvent, chemical synthesis, and flavor/fragrance applications from citrus oils. Under the terms of the agreement, Flotek will pay approximately $102 million—$49.5 million in cash and 3,284,180 shares of Flotek common stock—for the outstanding shares of privately held...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa