Hawkins, Inc. Expands in Texas with Acquisition of Redbird Chemical, Inc.
Rhea-AI Summary
Hawkins (Nasdaq: HWKN) completed the acquisition of the assets of Redbird Chemical on Dec. 3, 2025. Redbird distributes chemicals in eastern Texas across water treatment and industrial markets. Hawkins describes the deal as a tuck-in acquisition to expand its Water Treatment presence in Texas, leverage local industrial relationships, and accelerate growth in the South while retaining Redbird’s community connections and team.
Positive
- Acquisition completed of Redbird assets on Dec. 3, 2025
- Geographic expansion into eastern Texas water treatment and industrial markets
- Tuck-in strategy aimed to accelerate growth in the South and leverage local relationships
Negative
- None.
News Market Reaction
On the day this news was published, HWKN gained 1.70%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers showed mixed moves, with FUL, AVNT, and SXT up between about 1–2%, while CBT and PRM were slightly negative, indicating no clear sector-wide push behind HWKN.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 03 | Texas acquisition | Positive | +1.7% | Completed Redbird Chemical asset acquisition to expand Texas water treatment reach. |
| Oct 29 | Earnings results | Positive | -4.0% | Record Q2 fiscal 2026 revenue and EBITDA but EPS down on acquisition-related costs. |
| Oct 29 | Dividend declaration | Positive | -4.0% | Declared $0.19 quarterly dividend, continuing a payment streak since 1985. |
| Oct 15 | Earnings timing | Neutral | -1.8% | Announced timing for release of Q2 fiscal 2026 financial results. |
| Sep 17 | Corporate recognition | Positive | +2.2% | Named among America’s Greatest Companies 2025 and other workplace accolades. |
Recent history shows positive reactions to strategic/acquisition and recognition news, but negative reactions to earnings and dividend announcements despite solid fundamentals.
Over the last few months, Hawkins has combined steady operational performance with an active acquisition strategy. Q2 fiscal 2026 delivered record revenue of $280.4M and strong Water Treatment growth, but the stock fell on that earnings and the related dividend news. By contrast, acquisitions such as WaterSurplus and Amerochem, plus multiple workplace and responsibility awards, drew positive to mildly positive price reactions. Today’s Redbird Chemical acquisition extends this ongoing expansion theme in the southern U.S.
Market Pulse Summary
This announcement extends Hawkins’ ongoing acquisition-led expansion, adding Redbird Chemical’s eastern Texas customer base to its Water Treatment and industrial footprint. It follows earlier deals such as WaterSurplus and Amerochem and supports management’s goal for Water Treatment revenue to exceed $500M by FY2026. Investors may watch how Redbird integrates with prior southern acquisitions, its impact on segment growth and margins, and any future updates tied to the expanded $400.0M credit facility.
Key Terms
tuck-in acquisition financial
AI-generated analysis. Not financial advice.
ROSEVILLE, Minn., Dec. 03, 2025 (GLOBE NEWSWIRE) -- Hawkins, Inc. (Nasdaq: HWKN), a leading water treatment and specialty ingredients company, has completed the acquisition of the assets of Redbird Chemical, Inc. (“Redbird”). Redbird distributes chemicals to its customers in eastern Texas within both the water treatment and industrial markets.
“The acquisition of Redbird Chemical is important as we continue to expand in Texas, and we see opportunities to grow our Water Treatment business through the industrial base in that area. This tuck-in acquisition continues to demonstrate our ability to execute on our strategy to grow our business and accelerate our growth in the South,” said Hawkins Chief Executive Officer, Patrick H. Hawkins.
Mr. Hawkins continued, “Redbird has built a strong business that is well-connected with the local communities, and we intend to maintain those connections. I would like to welcome the Redbird team to the Hawkins organization and look forward 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 65 facilities in 28 states and creates value for its customers through superb customer service and support, quality products and personalized applications. Hawkins, Inc. generated
Contact:
Jeffrey P. Oldenkamp
Executive Vice President and Chief Financial Officer
612/331-6910
ir@hawkinsinc.com