Hawkins, Inc. Expands in Florida with Acquisition of Dave Symonds & Associates, Inc.

Rhea-AI Summary

Hawkins (Nasdaq: HWKN) has completed the acquisition of the assets of Dave Symonds & Associates, a distributor of water treatment products in Florida. Dave Symonds focuses on blended phosphates used for corrosion control and sequestration for water treatment customers.

According to Hawkins, this tuck-in acquisition extends its customer reach in Florida and supports its stated strategy to grow its Water Treatment business. Management highlighted a long-standing relationship with Dave Symonds and emphasized the strong business and loyal customer base it has developed, noting an intention to continue serving those customers and pursue further growth together.

Positive

• Completed tuck-in acquisition of Dave Symonds assets in Florida
• Expanded Florida customer reach in water treatment segment
• Supports Hawkins strategy to grow its Water Treatment business

Negative

• None.

Market Context

CFO Jeffrey P. Oldenkamp and VP Douglas A. Lange made two open-market purchases totaling 2,200 share...

Analysis

CFO Jeffrey P. Oldenkamp and VP Douglas A. Lange made two open-market purchases totaling 2,200 shares in the prior 90 days. That insider buying adds context to the completed acquisition; execution and integration remain key factors to watch.

Key Figures

Announcement date: Sep. 01, 2026

1 metrics

Announcement date Sep. 01, 2026 Dave Symonds acquisition completion

Previous Acquisition Reports

5 past events · Latest: Apr 30 (Positive)

Same Type Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Apr 30	Aqua-Chem acquisition	Positive	+0.0%	Completed tuck-in acquisition expanded Water Treatment presence in Nebraska and Iowa.
Dec 03	Redbird Chemical acquisition	Positive	+1.7%	Completed Texas acquisition expanded Water Treatment and industrial-market distribution relationships.
Aug 29	StillWaters acquisition	Positive	-1.5%	Completed Alabama acquisition strengthened the southern Water Treatment customer base.
Jul 01	PhillTech acquisition	Positive	+1.5%	Completed Alabama acquisition expanded coagulant and corrosion-control production capabilities.
Apr 25	WaterSurplus acquisition	Positive	-0.8%	Acquisition added membrane separation systems, engineering services, and PFAS removal solutions.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Acquisition-tagged reactions were mixed, with three positive and two negative 24-hour moves.

Key Terms

tuck-in acquisition, blended phosphates, corrosion control

3 terms

tuck-in acquisition financial

"this tuck-in acquisition demonstrates our ability to execute on our strategy"

A tuck-in acquisition is a small company purchase that a larger firm folds directly into an existing business unit, like snapping a small Lego piece onto a bigger model. It matters to investors because these deals can quickly boost revenue, add customers or technology with relatively low cost and disruption, and change short-term earnings or cash needs without the complexity of a large merger.

blended phosphates technical

"primarily blended phosphates for corrosion control and sequestration"

A mixture made from two or more phosphate-containing materials formulated to deliver specific chemical or physical properties, commonly used in fertilizers, animal feeds, water treatment, and industrial processes. Like mixing different paints to get the right shade and texture, blending lets producers control nutrient ratios, solubility, particle size and cost. Investors care because the blend affects product pricing, manufacturing margins, raw-material exposure, regulatory compliance and market demand tied to agriculture and industrial cycles.

corrosion control technical

"blended phosphates for corrosion control and sequestration"

Measures, materials and practices used to prevent or slow the chemical or electrochemical deterioration of metal and other materials, such as coatings, cathodic protection, corrosion inhibitors, and design changes. Corrosion control matters to investors because it preserves the value, safety and operating life of physical assets, reduces repair and replacement costs, and helps companies meet regulatory and insurance requirements—like applying rustproofing to protect a car.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ROSEVILLE, Minn., Sept. 01, 2026 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and specialty ingredients company, has completed the acquisition of the assets of Dave Symonds & Associates, Inc. ("Dave Symonds"). Dave Symonds distributes water treatment products, primarily blended phosphates for corrosion control and sequestration, to water treatment customers in Florida.

"The acquisition of Dave Symonds expands our customer reach in Florida, and this tuck-in acquisition demonstrates our ability to execute on our strategy to grow our Water Treatment business," said Hawkins Chief Executive Officer, Patrick H. Hawkins.

Mr. Hawkins continued, "We have known Dave Symonds for many years and value the strong business and loyal customer following they have built. We look forward to continuing to support those customers and to our continued growth together."

About Hawkins, Inc.

Hawkins, Inc. was founded in 1938 and is a leading water treatment and specialty ingredients company that formulates, manufactures, distributes and blends products for its Water Treatment, Food & Health Sciences and Industrial Solutions customers. Headquartered in Roseville, Minnesota, the Company has 66 facilities in 28 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated approximately $1.1 billion of revenue in fiscal 2026 and has approximately 1,200 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors.

Contact:        Jack Shufelt        
                      Investor Relations, M&A and Treasury Director
                      612/617-8582                
                      jack.shufelt@hawkinsinc.com
                      ir@hawkinsinc.com

FAQ

What did Hawkins (HWKN) acquire from Dave Symonds & Associates on September 1, 2026?

Hawkins acquired the assets of Dave Symonds & Associates, a Florida-based distributor of water treatment products. According to Hawkins, the business primarily supplies blended phosphates for corrosion control and sequestration to water treatment customers, broadening Hawkins’ presence in the Florida water treatment market.

How does the Dave Symonds acquisition support Hawkins (HWKN) Water Treatment growth strategy?

The acquisition is described by Hawkins as a tuck-in deal that expands its customer reach in Florida. According to Hawkins, this transaction demonstrates execution on its strategy to grow its Water Treatment business by adding complementary products and established customer relationships in a key regional market.

What products does Dave Symonds supply that are relevant to Hawkins (HWKN)?

Dave Symonds distributes water treatment products, primarily blended phosphates for corrosion control and sequestration. According to Hawkins, these products serve water treatment customers in Florida and align with Hawkins’ existing water treatment offerings, helping strengthen its product portfolio and customer coverage in that region.

Will Hawkins (HWKN) retain Dave Symonds’ existing customers after the acquisition?

Hawkins indicates it plans to continue supporting Dave Symonds’ existing customers following the acquisition. According to Hawkins, it values the strong business and loyal customer following Dave Symonds has built and looks forward to continued growth together by serving those established relationships.

Is the Dave Symonds & Associates transaction for Hawkins (HWKN) already completed?

Yes, Hawkins states it has completed the acquisition of the assets of Dave Symonds & Associates. According to Hawkins, the transaction is a tuck-in acquisition aimed at expanding its Water Treatment customer base in Florida rather than a future or conditional deal.