CSW Industrials deploys over $26.5M on acquisitions for SRS segment

CSW Industrials (CSW) announced the strategic deployment of over $26.5M in completing the separate acquisitions of Hydrotex Holdings and ProAction Fluids. These acquisitions are evidence of the Company’s continued commitment to add innovative product offerings and further diversify the end market uses within the Specialized Reliability Solutions segment. CSW funded the transactions with borrowings under its existing $700M revolving credit facility. The acquisition of Hydrotex Holdings, Inc. brings a family of high-performance lubricants supplying products to multiple industries, including the industrial, manufacturing, agriculture, food processing, transportation, fleets, power generation, and utilities end markets, allowing additional end market diversification to our product portfolio. Hydrotex’s high-performance lubricants are designed to enhance operational efficiency, reduce equipment wear, and extend service life, enabling safer, more efficient operations. The acquisition of ProAction Fluids adds complementary products to sell alongside current product offerings. This specialty product acquisition delivers a superior mud management solution, focusing on infrastructure build-out, to horizontal directional drilling end users compared to traditional methods.