WadeCo buys Texas-based oil production chemicals maker

摘要

Oilfield chemicals supplier WadeCo Specialties (Midland, TX) says it has acquired Select Chemicals Ltd. (Yorktown, TX), a maker of production chemicals for oil and gas operations in western Texas’s Eagle Ford Shale. Financial terms of the deal, including purchase price, have not been disclosed. WadeCo is owned by Hastings Equity Partners (Boston), a private equity firm focused on energy services.