MFG acquires testing firm

US custom manufacturing firm MFG Chemical has acquired Masters Company from private ownership. Terms were not disclosed and the deal has already been completed. Masters is based in Chicago and is active in the water treatment market, mainly in North America, though it has some international customers. It supplies reagents and test kits, carries out custom blending and manufacturing, makes private label products and offers analytical services for industrial water treatment.

“Most recently,” said Mike Standish, founder of additives supplier Radical Polymers, which MFG acquired in 2022, and now VP of water additives at MFG, “Masters developed a line of super-concentrated liquids that lower the footprint of products used in HVAC-type applications”. Buying Masters, Standish added, has enabled MFG to take a step forward in the value chain and offer products beyond additives and ingredients, without competing with its customers.