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Completed Transactions > Industrials > R&F Industries Acquired By Candler Industries

R&F Industries Acquired By Candler Industries

R&F Industries

Date

Dec 2023

Region

Texas

We are pleased to share the sale of our client R&F Industries, Inc. to Candler Industries, Inc. The transaction closed December 7, 2023.

R&F Industries, Inc. (R&F), located in Luling, Texas, is dedicated to the development, manufacturing, and marketing of specialty chemicals for the drilling and mining industries. Established since 1990 in the Houston and San Antonio, Texas areas, the company has continually developed products that increase efficiency and lower production costs in large scale markets.

R&F’s niche is in custom blends of specialty oilfield chemicals and lubricants for specific customer requests or applications. In recent years its largest volume products have been its proprietary clay control/clay suppressant blends, lubricants, and scale inhibitors. Other products include a range of other additives and solvents.

Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team, led by Vice President, M&A, Jacob Mangalath, successfully closed the deal. Executive Managing Director - North America Edward G. Weber established the initial relationship with R&F.

“We are so blessed and happy that R&F Industries found the perfect buyer in Candler Industries. This transaction highlights the achievement of a substantial legacy, rooted in decades of diligent effort and sacrifice,” said Mangalath.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Industrials M&A Deals page.

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