Category Archives: Press

Hawkins, Inc. (Nasdaq: HWKN) a leading specialty chemical and ingredients company, announced today that it has completed the acquisition of Water Solutions Unlimited, Inc. (“Water Solutions”) and has entered into a definitive agreement to acquire the assets of The Miami Products & Chemical Company (“Miami Products”). Water Solutions mainly serves municipal customers in Indiana, Michigan, Illinois and Kentucky, and Miami Products manufactures bleach and serves the commercial pool business under the brand name Sanygen® and sells to municipal customers in Ohio and the surrounding region. The acquisition of Miami Products is expected to close within the coming weeks.

“These acquisitions continue to grow our Water Treatment footprint and provide an expanded product offering to our customers,” said President and Chief Executive Officer, Patrick H. Hawkins. “Hawkins’ annual proforma combined revenue is now expected be approximately $1 billion and the number of our Water Treatment locations we operate out of has increased from 40 to 46. Water Solutions and Miami Products are considered premier providers in the states they serve and, a lot like Hawkins, create value for their customers through superb customer service and support, quality products and customized applications. In addition, the bleach manufacturing capabilities that Miami Products brings to us in Southwestern Ohio will provide support to current Hawkins Water Treatment sites in that region.”

Mr. Hawkins continued, “The acquisitions of Water Solutions and Miami Products will add over 90 employees to the Hawkins family and is expected to add $10 million in earnings before interest, taxes, depreciation and amortization within three years. While we expect to release the quarter’s full results on November 1, as of the end of our second quarter, our outstanding debt was $60 million and we expect that even after these acquisitions our balance sheet will remain strong with our leverage ratio at approximately 1x.”

“On behalf of the entire Hawkins organization, I welcome the teams of Water Solutions and Miami Products to the Hawkins family and look forward to continued success together in the future,” Mr. Hawkins concluded.

Press Release

Hawkins, Inc. (Nasdaq: HWKN), a leading specialty chemical and ingredients company, has added its 40th Water Treatment location by completing the acquisition of EcoTech Enterprises, Inc. (“EcoTech”). EcoTech manufactures, blends, packages and distributes water treatment chemicals for its customers throughout Arkansas and surrounding states.

“As we continue to execute on our strategy to grow our water treatment business, we believe this tuck-in acquisition will allow us to accelerate our growth in Arkansas and the surrounding region. Ecotech 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 EcoTech team to the Hawkins organization and look forward to our continued growth together,” said Hawkins Chief Executive Officer Patrick H. Hawkins.

Press Release

Hawkins, Inc. (Nasdaq: HWKN), announced today that it has again been certified as a Great Place to Work.

Great Place to Work is an independent research and consulting firm, and its certification process considers more than 60 elements of overall job experience.

“We are proud to receive this recognition for the third year in a row and are very thankful for our dedicated employees across the country,” said Patrick Hawkins, Chief Executive Officer and President. “We have always made it a priority to take care of our employees, who in turn take care of our customers. 87% of our employees said our customers would rate the service we deliver as “excellent,” and 85% said that when you join the company, you are made to feel welcome. Achieving this recognition means a lot to us at Hawkins.”

Great Place to Work is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue and increased innovation. This certification is the only recognition based entirely on what employees report about their workplace experience – specifically, how consistently they experience a high-trust workplace.

According to Great Place to Work research, job seekers are 4.5 times more likely to find a great boss at a Certified great workplace. Additionally, employees at Certified workplaces are 93% more likely to look forward to coming to work, and are twice as likely to be paid fairly, earn a fair share of the company’s profits and have a fair chance at promotion.

Press Release: HAWKINS, INC. AGAIN RECOGNIZED AS A CERTIFIED GREAT PLACE TO WORK

EXCiPACT is pleased to announce that the Hawkins Inc. in Roseville, Minnesota, USA has recently been awarded an EXCiPACT GMP and GDP Certificate from SGS, one of EXCIPACT’s internationally recognized Certification Bodies.

The Certificate demonstrates that this site manufactures, stores, and distributes organic and inorganic salts, acids, bases, and aqueous solutions for use as pharmaceutical excipients, according to the 2021 EXCiPACT Certification Standard for Pharmaceutical Excipient Suppliers.

Both SGS and their auditors had to undergo a rigorous assessment process to be EXCiPACT Registered. Both have satisfied the additional EXCiPACT competency requirements set out in the EXCiPACT annex to the ISO/IEC 17021-1:2015 standard. These include completion of the EXCiPACT Auditor Training Course, post course written examinations and independently witnessed audits to verify their competency to the required standard. SGS also had to have their auditors’ reports verified by their independent certification board prior to issuing the certificates.

For full details of sites currently EXCiPACT certified in 20+ countries (including: Belgium, Canada, China, France, Germany, India, Israel, Italy, Japan, The Netherlands, UK, USA, …), see: http://www.excipact.org/certificate-holders.html

EU and US pharmaceutical regulations require drug manufacturers to conduct either their own or third party physical risk assessment audits of all of their starting material suppliers to demonstrate GMP and/or GDP compliance thus increasing the audit burden. However, using GMP and GDP standards designed specifically for pharmaceutical excipients, EXCiPACT’s voluntary, independent, high quality Certification Scheme helps pharmaceutical excipient users and their suppliers to demonstrate their commitment to GMP/GDP, reducing their audit burden and costs, to assure product quality.

EXCiPACT GMP Certification Press Release: HAWKINS INC. Receives Excipact GMP Certification As Pharmaceutical Excipient Supplier from SGS 1.23.2023