STOCK TITAN

Hawkins, Inc. Expands in Texas with Acquisition of Redbird Chemical, Inc.

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Neutral)

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.

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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

+1.70%
1 alert
+1.70% News Effect

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

Q2 FY26 Revenue: $280.4M Revenue Growth: 14% Adj. EBITDA: $50.4M +5 more
8 metrics
Q2 FY26 Revenue $280.4M Second quarter fiscal 2026 sales, up 14% year over year
Revenue Growth 14% Year-over-year increase in Q2 fiscal 2026 sales
Adj. EBITDA $50.4M Record second-quarter adjusted EBITDA, up 9% year over year
FY2025 Revenue $974M Total revenue reported for fiscal 2025
Revolver Size $400.0M Expanded revolving credit facility used to support acquisitions
Amerochem Reaction 5.24% 24-hour price reaction to Amerochem acquisition on Feb 3, 2025
WaterSurplus EBITDA $10M Approximate FY2024 adjusted EBITDA contributed by WaterSurplus
Water Treatment Target $500M Expected Water Treatment revenue by FY2026 after acquisitions

Market Reality Check

Price: $146.61 Vol: Volume 102,013 vs 20-day ...
low vol
$146.61 Last Close
Volume Volume 102,013 vs 20-day average 161,647 (relative volume 0.63), showing muted trading interest pre-announcement. low
Technical Shares traded just below the 200-day MA, at $141.33 vs $142.12, before this acquisition news.

Peers on Argus

Peers showed mixed moves, with FUL, AVNT, and SXT up between about 1–2%, while C...

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

5 past events · Latest: Dec 03 (Positive)
Pattern 5 events
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.
Pattern Detected

Recent history shows positive reactions to strategic/acquisition and recognition news, but negative reactions to earnings and dividend announcements despite solid fundamentals.

Recent Company History

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 east...
Analysis

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
1 terms
tuck-in acquisition financial
"This tuck-in acquisition continues to demonstrate 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.

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 $974 million of revenue in fiscal 2025 and has approximately 1,100 employees. For more information, including registering to receive email alerts, please visit www.hawkinsinc.com/investors.

Contact:       

Jeffrey P. Oldenkamp        
Executive Vice President and Chief Financial Officer
612/331-6910                
ir@hawkinsinc.com


FAQ

What did Hawkins (HWKN) announce on Dec. 3, 2025 about Redbird Chemical?

Hawkins announced it completed the acquisition of the assets of Redbird Chemical, which serves eastern Texas water treatment and industrial customers.

How does the Redbird Chemical acquisition affect Hawkins' presence in Texas (HWKN)?

The acquisition expands Hawkins' Water Treatment and industrial distribution presence in eastern Texas and targets accelerated growth in the South.

Was the Redbird Chemical deal a full company purchase or an asset acquisition for Hawkins (HWKN)?

The announcement specifies Hawkins completed an acquisition of the assets of Redbird Chemical, not a stock purchase.

Will Hawkins (HWKN) keep Redbird Chemical's employees and community connections?

Hawkins said it intends to maintain Redbird’s local community connections and welcomed the Redbird team to Hawkins.

What business areas does Redbird Chemical serve that Hawkins (HWKN) gains exposure to?

Redbird distributes chemicals into both water treatment and industrial markets in eastern Texas.
Hawkins

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3.06B
21.05M
Specialty Chemicals
Wholesale-chemicals & Allied Products
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United States
ROSEVILLE