Hawkins, Inc. Expands in Texas with Acquisition of Redbird Chemical, Inc.
Hawkins (Nasdaq: HWKN) completed the acquisition of the assets of Redbird Chemical on Dec. 3, 2025.
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.
Details
News Market Reaction – HWKN
On Dec 3, the day this news came out, HWKN closed 1.70% above the previous close.
Data tracked by StockTitan Argus for the Dec 3 session.
Key Figures
- 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
Historical Context
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Completed Redbird Chemical asset acquisition to expand Texas water treatment reach.
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Record Q2 fiscal 2026 revenue and EBITDA but EPS down on acquisition-related costs.
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Declared $0.19 quarterly dividend, continuing a payment streak since 1985.
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Announced timing for release of Q2 fiscal 2026 financial results.
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Named among America’s Greatest Companies 2025 and other workplace accolades.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
tuck-in acquisition financial
AI-generated analysis. How Rhea-AI works. 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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.