Shrieve Chemical Company Acquires FIS Chemicals

Shrieve Chemical, a portfolio company of Gemspring Capital and a global distributor of specialized chemicals, announced that it has acquired FIS Chemicals, a formulator, manufacturer, and distributor of high-performance chemical solutions headquartered in Aberdeen, Scotland. Terms of the transaction were not disclosed.

Founded in 1980, FIS has built a strong reputation for technical expertise, product innovation, and reliable supply across a range of industrial sectors, including oil and gas, renewables, marine, hospitality, and logistics. The acquisition expands Shrieve's product portfolio and deepens its presence in key end markets. Together, the companies are well-positioned to enhance global capabilities, broaden the combined portfolio, and strengthen relationships across a diverse set of industries.

"We are pleased to welcome the FIS team to Shrieve," said Joey Gullion, Chief Executive Officer of Shrieve. "This combination expands our capabilities and deepens our relationships with customers across key industrial end markets. By bringing these teams together, we are better positioned to serve our customers and suppliers while continuing to build on the strong relationships we have established. We look forward to partnering with the FIS team as we execute on Shrieve's long-term growth strategy."

"We are proud of the business we have built at FIS and are excited to join the Shrieve platform," said Kenny Woods, Chief Executive Officer of FIS. "Our shared commitment to delivering value for customers makes this a strong strategic fit, and Shrieve's complementary product portfolio, global reach, and operational resources will further enhance our capabilities while preserving the customer relationships and technical expertise that define FIS. I look forward to continuing to lead the FIS team as part of the combined organization."