Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of Amerochem Corp. in NC

February 3, 2025 — Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and specialty ingredients company, has completed the acquisition of the assets of Amerochem Corporation. Amerochem distributes water treatment chemicals and equipment for its customers primarily throughout North Carolina.

“The Amerochem acquisition represents our second acquisition in North Carolina and our 50th Water Treatment location across the U.S. We have known Amerochem for decades and are glad to have them as a part of Hawkins,” said Hawkins Chief Executive Officer Patrick H. Hawkins. “Amerochem has built an incredible business over the past 30 plus years and has great relationships with its customers, suppliers and employees. We intend to maintain and expand those connections and look forward to a bright future together.”

Woodrow “Woody” Wright, President and Owner of Amerochem said, “This was a very tough decision to sell the business, but there was only one company I trusted to continue the legacy that my employees, customers, and suppliers have built over the decades, and that was Hawkins. Hawkins shares all the same values as Amerochem and believes in treating people the way you want to be treated and doing what is right. I want to thank everyone for the relationships and the trust over the years and I look forward to the future growth of Amerochem as part of Hawkins.”

Mr. Hawkins concluded, “On behalf of the entire Hawkins organization, I welcome the Amerochem team to the Hawkins family and look forward to our continued growth together.”

Press Release

Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of Water Guard, Inc. in North Carolina

Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has completed the acquisition of the assets of Water Guard, Inc. Water Guard distributes water treatment chemicals and equipment for its customers in Virginia and the Carolinas.

“As we continue to grow our water treatment business, Water Guard brings us our first location in North Carolina and helps accelerate our expansion on the East Coast,” said Hawkins Chief Executive Officer Patrick H. Hawkins. “Water Guard has built a strong business that we have admired for years and that is well-connected with the local community. We intend to maintain and expand those connections and look forward to a bright future together.”

Jim Moyer, President and Owner of Water Guard, Inc. said, “Water Guard has been proud to serve Virginia and the Carolinas since 1978 and we’re glad to team with Hawkins to ensure the company will continue to grow and succeed in this industry. Water Guard would not be where it is today without its dedicated employees and loyal customer base. Teaming with Hawkins offers Water Guard customers expanded product offerings and additional resources. Most importantly, Hawkins shares our unwavering commitment by offering outstanding products and services, a principle we have upheld for over 45 years.”

Press Release: HAWKINS, INC. EXPANDS WATER TREATMENT FOOTPRINT WITH ACQUISITION OF WATER GUARD, INC. IN NORTH CAROLINA

Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of Wofford Water Service, Inc.

Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has completed the acquisition of Wofford Water Service, Inc. (“Wofford Water Service”). Wofford Water Service distributes water treatment chemicals and equipment for its customers mainly in Mississippi.

“The acquisition of Wofford Water Service helps build out our southern U.S. Expansion, by giving us a larger customer base in Mississippi, where we do limited business today in Water Treatment. This tuck-in acquisition continues to demonstrate our ability to execute on our strategy to grow our water treatment business and accelerate our growth in the south,” said Hawkins Chief Executive Officer, Patrick H. Hawkins.

Mr. Hawkins continued, “Wofford Water Service has built a strong business that is well-connected with the local community, and we intend to maintain those connections. I would like to welcome the Wofford Water Service team to the Hawkins organization and look forward to our continued growth together.”

For more information:  Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of Wofford Water Service, Inc.

Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of Intercoastal Trading, Inc. in Maryland

Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has completed the acquisition of the assets of Intercoastal Trading, Inc. and its affiliated companies. Intercoastal Trading distributes water treatment chemicals and equipment for its customers in Maryland, Delaware, and Virginia.

“As we continue to grow our water treatment business, Intercoastal Trading will accelerate our expansion in the heavily populated East Coast with its location within 200 miles of major population centers,” said Hawkins Chief Executive Officer Patrick H. Hawkins. “Intercoastal Trading has built a strong business that is well-connected with the local community, and we intend to maintain and expand those connections.”

Mr. Hawkins continued, “We expect the acquisition of Intercostal Trading to be accretive to earnings per share this fiscal year and we expect that even after this acquisition, our first quarter balance sheet will remain strong, with an anticipated leverage ratio of approximately 1x EBITDA at quarter end. In addition, I am pleased to report that all four acquisitions we completed during fiscal 2024 are meeting or exceeding our business plans and the integrations are on track.”

“We are thrilled to be joining the Hawkins team, as this presents a tremendous opportunity for our employees to grow and thrive with Hawkins,” said Intercoastal President George Robinson. “With the support of Hawkins’ premier resources and dedication to excellence, Intercoastal’s employees can continue providing our customers with the enhanced technical expertise and efficient product delivery they have come to expect and trust. Most importantly, Hawkins shares our unwavering commitment to offering outstanding customer service, a principle we have upheld for over 30 years and look forward to continuing for 30 more.”

Mr. Hawkins concluded, “On behalf of the entire Hawkins organization, I welcome the Intercoastal Trading team to the Hawkins family and look forward to the continued growth together in the future.”

For more info see press release: HAWKINS, INC. EXPANDS WATER TREATMENT FOOTPRINT WITH ACQUISITION OF INTERCOASTAL TRADING, INC. IN MARYLAND

Hawkins, Inc. Expands Water Treatment Footprint with Acquisition of Industrial Research Corporation

Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has completed the acquisition of Industrial Research Corporation. Industrial Research distributes water treatment chemicals and equipment for its customers in central to northern Louisiana, eastern Texas and southern Arkansas.

“As we continue to execute on our strategy to grow our water treatment business, we believe this tuck-in acquisition fills a geographical void in northern Louisiana and east Texas and will allow us to accelerate our growth in the surrounding regions. Industrial Research has built a strong business that is well-connected with the local community and we intend to maintain those connections. I would like to welcome the Industrial Research team to the Hawkins organization and look forward to our continued growth together,” said Hawkins Chief Executive Officer Patrick H. Hawkins.

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