On the Record · ChampionX
ChampionX acquisitions, on the record
The businesses ChampionX bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Chemical Technologies businessWord for word“On June 3, 2020, the Company and Ecolab Inc. (“Ecolab”) completed a Reverse Morris Trust transaction in which we acquired the Chemical Technologies business (the “Merger”).” 10-K for 2022 | merger | On June 3, 2020 | — |
Leak SurveysWord for word“On February 23, 2022, we acquired the assets of Leak Surveys, a leader in optical gas imaging technology that provides aerial and ground-based emissions leak detection to the oil and gas industry.” 10-K for 2022 | agreed acquisition | On February 23, 2022 | — |
Tomson Technologies LLC and Group 2 Technologies LLCWord for word“On December 8, 2021, we acquired Tomson Technologies LLC and Group 2 Technologies LLC, leaders in nano technology platforms with proven commercial applications helping energy companies lower the carbon footprint and operating expenses of their oil and gas production operations.” 10-K for 2022 | acquisition | On December 8, 2021 | — |
Scientific Aviation, Inc.Word for word“On July 2, 2021, we acquired Scientific Aviation, Inc. (“Scientific”), a provider of site-specific and regional methane emissions monitoring solutions for continuous and periodic monitoring applications.” 10-K for 2022 | acquisition | On July 2, 2021 | — |
Corsicana PlantWord for word“This was partially offset by $66.8 million of cash proceeds from the sale of our manufacturing plant in Corsicana and $5.2 million of cash proceeds on sale of fixed assets.” 10-K for 2022 | divestiture | — | $66.8 million of cash proceeds from the sale of our manufacturing plant in Corsicana |
CT Russia BusinessWord for word“As a result, the CT Russia Business met the criteria to be classified as held for sale as of June 30, 2022, which required us to present the related assets and liabilities as separate line items in our consolidated balance sheet.” 10-K for 2022 | agreed divestiture | as of June 30, 2022 | — |
Chemical Technologies business (from Ecolab Inc.)Word for word“On June 3, 2020, the Company and Ecolab Inc. (“Ecolab”) completed a Reverse Morris Trust transaction in which we acquired the Chemical Technologies business (the “Merger”).” 10-K for 2023 | acquisition | June 3, 2020 | — |
Corsicana Plant (U.S.-based assets of chemical manufacturing plant in Corsicana, Texas)Word for word“On September 7, 2021, we sold the U.S.-based assets associated with our chemical manufacturing plant in Corsicana, Texas (the “Corsicana Plant”) for a total purchase price of $ 70.0 million, subject to certain closing costs, pursuant to an Asset Purchase Agreement.” 10-K for 2023 | divestiture | On September 7, 2021 | $ 70.0 million |
RMSpumptools LimitedWord for word“Revenue increased $39.2 million, or 4%, compared to the prior year, primarily driven by revenues related to the acquisition of RMSpumptools which was completed on July 8, 2024.” 10-K for 2024 | acquisition | July 8, 2024 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-12-31 | $0 | $0 | — |
| 2017-12-31 | $8.8 million | $0 | $5.1 million |
| 2018-12-31 | $0 | $2.5 million | — |
| 2019-12-31 | $12.5 million | — | $5.5 million |
| 2020-12-31 | −$57.6 million | $0 | $386.7 million |
| 2021-12-31 | $20.1 million | $66.8 million | $16.4 million |
| 2022-12-31 | $3.2 million | $0 | $6.3 million |
| 2023-12-31 | $0 | $0 | — |
| 2024-12-31 | $123.3 million | — | $60.8 million |
Deal filings since 2016
- 2025-07-16 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2025-02-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-10-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-07-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2020-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-04-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from ChampionX’s annual reports (10-K for 2024, 10-K for 2023, 10-K for 2022) and the financial data it files with the SEC, as of 2025-02-05. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.