CPS Performance Materials has acquired GEO Specialty Chemicals. The terms of the acquisition were not disclosed.
GEO is a diverse supplier of specialty chemicals and materials to the coatings, adhesives, medical, water treatment and construction markets. The company operates in three divisions — Paints & Coatings, Water Treatment, and Specialty & Construction — with leading positions in its primary chemistries from 19 production sites in the U.S. and Europe.
GEO has undertaken a number of expansions to increase its presence in the attractive markets of materials for contact lenses, additives for oil and gas drilling, and municipal and industrial water treatment. This builds upon GEO’s already strong position in methacrylate chemistry, where it is a leading supplier to the global coatings and adhesives markets.