CRC Industries acquired ChemFree Corporation, maker of the SmartWasher bio‑remediating parts‑washing system, to expand its specialty chemicals platform with environmentally responsible, high‑performance cleaning solutions. The transaction enhances waste‑reduction and compliance benefits for customers, maintains ChemFree’s Norcross, GA operations, and closed on March 31, 2015.
Buyer
CRC Industries, Inc.
Target
ChemFree Corporation (subsidiary of Intelligent Systems Corporation; maker of the SmartWasher system)
Transaction Type
Buy Side
Closed
March 31, 2015
Role
Buy-side advisor